<ul data-eligibleForWebStory="false"><li>Ripple has applied for a national banking license with the OCC.</li><li>The license would potentially oversee Ripple's stablecoin, RLUSD, adding transparency and compliance.</li><li>Ripple subsidiary Standard Custody & Trust Company also applied for a Federal Reserve master account.</li><li>Circle Internet Group has also applied for a national trust charter to launch First National Digital Currency Bank, N.A.</li></ul>

Ripple Applies for National Banking License

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