to celebrate the launch of OWS, this week's @nelkboys giveaway will feature:
💰 $250 of Bitcoin
💰 $250 of Ethereum
💰 $250 of Solana
💰 $250 of XRP
to enter, just like + RT this post and reply "OWS"
4 winners will be selected on Friday, March 27!
Joined @SquawkCNBC this morning to discuss institutional stablecoin momentum and how trusted banks like BNY (just announced as RLUSD’s reserve banking partner today!) are ready to go all in on crypto with regulatory clarity.
The US is long overdue for crypto market structure legislation which will protect consumers, establish jurisdictional swim lanes, and allow financial innovation to thrive. https://t.co/Sb50E8GAXc
True to our long-standing compliance roots, @Ripple is applying for a national bank charter from the OCC. If approved, we would have both state (via NYDFS) and federal oversight, a new (and unique!) benchmark for trust in the stablecoin market.
Earlier in the week via @StandardCustody, we also applied for a Fed Master account -- while Congress is working towards clear rules and regulations, and banks (in a far cry from the years of Operation Chokepoint 2.0) are leaning in, this access would allow us to hold $RLUSD reserves directly with the Fed and provide an additional layer of security to future proof trust in RLUSD.
Ripple always has and will continue to build trusted, battle-tested and secure infrastructure. In a $250B+ market, RLUSD stands out for putting regulation first, setting the standard that institutions expect.
Ripple is dropping our cross appeal, and the SEC is expected to drop their appeal, as they’ve previously said. We’re closing this chapter once and for all, and focusing on what’s most important – building the Internet of Value. Lock in.
Ripple Payments momentum is building in the UAE. 🇦🇪
https://t.co/gFiwxXWfM5
Following our DFSA license, Zand Bank and @MamoPay are now live on Ripple Payments—bringing always-on, blockchain-powered cross-border payments to one of the world’s top remittance hubs.
Used as collateral. Integrated into global payments. Trusted by institutions. https://t.co/TjKqLmfWku
$RLUSD is a bridge between traditional finance and crypto.
Learn how stablecoins are becoming essential financial infrastructure and explore their use cases.