{"id":161641,"date":"2025-07-03T07:00:32","date_gmt":"2025-07-03T04:00:32","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=161641"},"modified":"2025-07-02T23:37:31","modified_gmt":"2025-07-02T20:37:31","slug":"ripple-has-applied-for-a-national-banking-license","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ripple-has-applied-for-a-national-banking-license\/","title":{"rendered":"Ripple Has Applied for a National Banking License"},"content":{"rendered":"

If granted, the charter would place Ripple under both state and federal oversight, aligning it with compliance standards set by the New York Department of Financial Services (NYDFS) and federal regulators.<\/p>\n

Brad Garlinghouse, CEO of Ripple, announced<\/a><\/strong> the move in a July 2 post, highlighting the company\u2019s long-standing commitment to regulatory compliance. \u201cWe would have both state and federal oversight, a new (and unique!) benchmark for trust in the stablecoin market,\u201d Garlinghouse said.<\/p>\n

RLUSD Could Gain Fed Access Through Master Account Application<\/h2>\n

Earlier in the week, Ripple\u2014through its partner Standard Custody\u2014also applied for a Federal Reserve Master Account. This would allow the company to hold RLUSD reserves directly with the Fed. Garlinghouse noted that this step could provide enhanced security and regulatory assurance for RLUSD, Ripple\u2019s upcoming stablecoin, especially as Congress continues to craft stablecoin legislation.<\/p>\n