Ripple Seeks U.S. National Bank Charter and Fed Account to Potentially Expand RLUSD Stablecoin Services
The post Ripple Seeks U.S. National Bank Charter and Fed Account to Potentially Expand RLUSD Stablecoin Services appeared on BitcoinEthereumNews.com.
Ripple’s strategic move to secure a U.S. national bank charter and Federal Reserve master account marks a pivotal advancement in stablecoin regulation and operational oversight. This initiative aims to streamline RLUSD stablecoin reserve management by enabling direct interaction with the Federal Reserve, reducing reliance on intermediary banks. According to COINOTAG, Ripple’s alignment with the GENIUS Act framework underscores its commitment to pioneering compliance in the evolving stablecoin regulatory landscape. Ripple pursues a national bank charter and Fed master account to enhance RLUSD stablecoin oversight, signaling growth and regulatory alignment in the U.S. crypto market. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Ripple’s National Bank Charter Application: A Strategic Leap in Stablecoin Compliance Ripple’s recent filing for a national bank charter with the Office of the Comptroller of the Currency (OCC) represents a significant evolution in its regulatory strategy. This move is designed to broaden Ripple’s compliance framework beyond state-level oversight, positioning the company under comprehensive federal supervision. By obtaining a national bank charter, Ripple aims to solidify its reputation as a compliant and transparent stablecoin issuer, particularly for its RLUSD token. This step is crucial as regulatory scrutiny intensifies around stablecoins, with federal agencies emphasizing risk management and consumer protection. Direct Federal Reserve Access: Enhancing RLUSD Reserve Management Ripple’s subsidiary, Standard Custody, has concurrently applied for a Federal Reserve master account, a development that could transform how RLUSD…
Filed under: News - @ July 4, 2025 12:28 am