Ripple News: Ripple Expands Stablecoin Infrastructure Partnership as It Seeks Bank License

Ripple applies for U.S. banking license, following Circle's lead ...

Ripple News: Ripple Expands Stablecoin Infrastructure Partnership as It Seeks Bank License

The partnership will integrate Ripple's payments network with OpenPayd's fiat rails, supporting Ripple USD (RLUSD).

XRP adds $6 billion as Ripple confirms US banking license application

XRP added over $6 billion to its market capitalization following major regulatory news from Ripple.  The XRP token climbed from $2.17 to $2.28, lifting its total market worth from $128.94 billion to $135.40 billion, according to data retrieved by Finbold from CoinMarketCap data.  XRP 1-day market cap. Source: CoinMarketCap Daily trading volume also spiked to $4.17 billion, marking a 43.84% increase. XRP rally sparked by Ripple’s latest announcem…

How Ripple’s New RLUSD Integration Makes Crypto Invisible

Ripple’s quest to make RLUSD an enterprise-grade settlement asset moved forward this week with a broad integration of OpenPayd’s banking-as-a-service stack. The London-based provider now supplies a single API through which corporates can mint, Ripple RLUSD adoption or burn RLUSD on demand, tap real-time payouts in euros and sterling, and assign virtual IBANs to individual customers or treasury sub-accounts. “Unified Money Movement” Meets Shrinki…

Major XRP Announcement: Ripple Seeks US Banking License to Boost RLUSD Trust

Ripple Labs is applying for a national banking license as part of efforts to enhance trust in its RLUSD stablecoin. The move comes as other crypto companies also turn to regulation to build credibility. A New Industry Benchmark? Ripple CEO Brad Garlinghouse confirmed on Wednesday via X that the company is applying for a license with the U.S. national bank regulator, the Office of the Comptroller of the Currency (OCC). “True to our long-standing …