๐จ Ripple Applies for U.S. Banking License and Fed Master Account Access
๐ In a strategic leap toward mainstream financial integration, Ripple has officially applied for a U.S. banking license and a Federal Reserve master account.
๐ This move places Ripple alongside other major players like Circle, which recently applied for a Trust Bank license, signaling a growing trend of crypto firms embracing TradFi infrastructure.
๐ก Why this matters:
โ Opens direct access to the U.S. banking system
โ Reduces reliance on intermediaries for settlements
โ Enhances Rippleโs regulatory and institutional credibility
โ Bridges the gap between blockchain and traditional finance
โ๏ธ As regulatory clarity improves and adoption accelerates, Rippleโs bold step could reshape how digital asset firms operate in a regulated financial framework.
#Ripple #BankingLicense #TradFi #Fintech #Blockchain
https://coingape.com/ripple-applies-for-us-banking-license/?utm_source=bnb&utm_medium=coingape

