@JoelKatz Would love to hear your thoughts on this article and the information they are sharing.
@JoelKatz
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I absolutely loved the moment on Spaces when @bgarlinghouse answered the question, “Brad, can you flip the switch?”
His response really stuck with me.
He basically said that if there was one single big switch to flip, he’d flip it immediately. But the reality is > it isn’t one switch. It’s hundreds of different switches, all being turned on and off over time.
That answer made me stop and think.
Because when you zoom out and look at what Ripple has actually been doing over the last decade - and especially over the last year > you start to realize just how many switches have already been activated.
Think about it.
Every acquisition.
Every partnership.
Every legal battle fought and progressed through.
Every conversation with institutions.
Every strategic move with governments, regulators, and global finance.
Every hire, every marketing push, every expansion into new markets.
They’re all switches.
Then you look at the technical side > XRPL amendments going live, infrastructure improving, liquidity growing, ecosystem projects expanding, new use cases coming online. More switches.
And when you visualize it, it’s almost like watching the old financial system slowly powering down while an entirely new system powers up in the background > one switch at a time.
People want a single moment where someone hits a button and everything changes overnight. But real transformation doesn’t happen like that. It happens quietly. Gradually. Layer by layer. Switch by switch.
And eventually, there comes a point where enough switches have been activated that the whole machine starts moving at once.
That’s the moment everyone is waiting for.
The moment where all the preparation, all the groundwork, and all the years of building converge into one major shift.
And when that happens > the direction is only ever north for XRP. Up and to the right.
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.