Best Crypto to Buy Now? XRP Price Prediction As Ripple Moves Into Banking with FCC Filing
The post Best Crypto to Buy Now? XRP Price Prediction As Ripple Moves Into Banking with FCC Filing appeared on BitcoinEthereumNews.com.
All eyes are on XRP right now after the recent filing of Ripple’s banking application to the FCC. Considering this has happened just after Ripple’s decision to p112ut an end to its standoff with the SEC, hopes have risen that XRP could make a comeback, perhaps even cross its $3 resistance in the coming days. This has given weight to the view that XRP could topple Ethereum in terms of market capitalization. Does it mean XRP is the best crypto to buy now, or does it merely hint at the arrival of investor opportunities with a variety of assets to pick from? Ripple Applying for National Bank Charter from the OCC – Brad Garlinghouse The announcement about Ripple’s banking application was made by Brad Garlinghouse, who, on X, posted the news stating that this approach could put more federal oversight on Ripple, which could bolster its trust factor, transforming it into the bridge to connect traditional and decentralized financial institutions. However, that’s not all, as the company has also filed for a Fed Master Account via Standard Custody. This could help Ripple to hold $RLUSD (Ripple Stablecoin) directly from the Fed and gain an additional layer of security.
True to our long-standing compliance roots, @Ripple is applying for a national bank charter from the OCC. If approved, we would have both state (via NYDFS) and federal oversight, a new (and unique!) benchmark for trust in the stablecoin market. Earlier in the week via… https://t.co/IdiR7x3eWZ
— Brad Garlinghouse (@bgarlinghouse) July 2, 2025 Just as expected, community reactions to the news have been positive. Some have said this is a materialization of a dream consisting of Ripple becoming a bank, which clears the way for XRP to reach $100. However, others have asked how XRP will fit into the banking…
Filed under: News - @ July 6, 2025 4:18 pm