Ripple Seeks US Banking Charter and Fed Account for RLUSD Stablecoin

🏦 Ripple's Banking Plot Twist

By Bridgers
Jul 7, 2025, 4:31 PM
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Ripple has taken significant steps toward mainstream financial integration by applying for a US national bank charter.​ This move aims to bring their stablecoin $RLUSD under federal oversight.​

The company's subsidiary is pursuing a Federal Reserve master account, which would enable:

  • 24/7 stablecoin issuance
  • Direct redemption capabilities
  • Integration with traditional banking infrastructure

This follows their earlier development of RLUSD in 2024, which still awaits full regulatory approval for launch.​

This represents a notable convergence of traditional banking and digital asset infrastructure.​

Sources
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