HUGE news! @Ripple just received conditional approval from the @USOCC to charter Ripple National Trust Bank. This is a massive step forward - first for $RLUSD, setting the highest standard for stablecoin compliance with both federal (OCC) & state (NYDFS) oversight.
To the banking lobbyists โ your anti-competitive tactics are transparent. Youโve complained that crypto isnโt playing by the same rules, but hereโs the crypto industry โ directly under the OCC's supervision and standards โ prioritizing compliance, trust and innovation to the benefit of consumers. What are you so afraid of?
Ripple Swell: Weโre collaborating with @Mastercard, WebBank, and @Gemini to introduce $RLUSD settlement on the XRP Ledger for fiat credit card payments, starting with the Gemini XRP Credit Card: https://t.co/lMQ5qnthLT
This initiative sets a new benchmark for institutional efficiency, enabling faster, compliant, and more transparent settlement within traditional finance.
The future of payments is here.