Ripple Moves Toward Bank Status, Sets Stablecoin Standard

Source:X.com

On July 2, 2025, Ripple’s CEO Brad Garlinghouse announced a transformative step: Ripple has applied for a national bank charter from the U.S. Office of the Comptroller of the Currency (OCC).

If granted, this would place Ripple under both state and federal regulatory frameworks—a first in the stablecoin space. Additionally, through Standard Custody, Ripple has applied for a Federal Reserve Master Account, enabling direct custody of RLUSD reserves.

These moves signal Ripple’s commitment to regulatory transparency and long-term trust, crucial in a market exceeding $250 billion. Amid evolving crypto legislation, Ripple’s proactive stance could redefine institutional expectations. RLUSD, its stablecoin, gains an edge by aligning early with compliance benchmarks.

For the XRP community, this isn’t just good news—it’s a validation of Ripple’s vision to bridge the gap between blockchain innovation and traditional finance with integrity at its core.