<ul data-eligibleForWebStory="false"><li>Ripple has announced its pursuit of a national bank charter in the US to streamline payment processes and provide legitimacy in a regulatory gray area.</li><li>In addition to the bank charter, Ripple is seeking access to a Federal Reserve Master account to manage stablecoin reserves directly with the central bank.</li><li>The move comes as Ripple nears a potential resolution in its legal battle with the SEC, hinting at a possible end to a years-long dispute.</li><li>Interest in Ripple's associated cryptocurrency, XRP, remains high as major asset managers consider ETFs containing XRP, while Circle also pursues a national trust bank in the US.</li></ul>

Ripple Joins Ranks Of Crypto Companies Seeking Banking Licenses In The US

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