Market Brief
Daily market recaps with key events, stock movements, and global influences
40 posts • OpenAI (o3)
Updated
More breaking stories on DeepNewz — updated live.
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
🇺🇸 RIPPLE WANTS A BANK CHARTER AND A DIRECT LINE TO THE FED Because apparently being a crypto company isn’t edgy enough, Ripple now wants to be an actual bank and plug straight into the Fed’s money system. CEO Brad Garlinghouse says they’re just following Circle’s lead and
✍️ @Ripple has applied for a national banking license in the US and a Master Account with the @federalreserve. A Master Account allows a financial institution to become a member of the Federal Reserve and gain access to its services and operations. #Ripple submitted the
RIPPLE FILES FOR U.S. BANKING LICENSE: DETAILS… - Ripple officially applied for a national banking license from the Office of the Comptroller of the Currency (OCC), according to a statement by CEO Brad Garlinghouse and confirmed by The Wall Street Journal. - If approved, it
RIPPLE FILES FOR U.S. NATIONAL BANKING LICENSE TO EXPAND STABLECOIN PUSH Ripple has officially filed for a U.S. national banking license as it accelerates its stablecoin strategy. The move would grant Ripple broader regulatory access and operational flexibility, signaling its
✍️ @Ripple has applied for a national banking license in the US and a Master Account with the @federalreserve. A Master Account allows a financial institution to become a member of the Federal Reserve and gain access to its services and operations. #Ripple submitted the
Ripple Seeks U.S. Bank Charter and Fed Access Read today's daily news summary here:
Ripple applies for national banking license and Fed master account Ripple applies for a U.S. banking license and Fed master account to strengthen $RLUSD reserves and stablecoin infrastructure.
