BeInCryptoOctober 27, 20262 min read
Who Gains From Ripple’s New Bank Charter? XRP Holders May Be Last in Line
Ripple won final approval from the Office of the Comptroller of the Currency (OCC) to open a national trust bank. The bank charter covers reserves behind its $2.5 billion Ripple USD (RLUSD) stablecoin but assigns XRP no role.
Ripple won final approval from the Office of the Comptroller of the Currency (OCC) to open a national trust bank. The bank charter covers reserves behind its $2.5 billion Ripple USD (RLUSD) stablecoin but assigns XRP no role. XRP holders sit furthest from the charter’s direct benefits. The token trades at $1.31 on BeInCrypto Markets,
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