<ul data-eligibleForWebStory="false"><li>Ripple is seeking a national bank charter from the U.S. Office of the Comptroller of the Currency, aiming to become a full-service bank to cut out intermediaries and access the Fed directly, potentially boosting XRP's position in traditional finance.</li><li>If granted, the national bank charter could enhance regulatory legitimacy for Ripple, allowing it to hold RLUSD reserves directly with the Federal Reserve, reducing third-party risks and increasing trust from institutional clients.</li><li>Ripple's stablecoin, RLUSD, backed by U.S. Treasuries, is working towards full regulation under the OCC and NYDFS, potentially securing FDIC insurance and offering competition to existing stablecoins like USDC and USDT.</li><li>The move could see XRP's demand rise significantly if Ripple achieves approval, reshaping financial services by operating like a traditional bank through the XRP Ledger, potentially offering faster and cheaper payment processing.</li></ul>

Ripple to be the first Blockchain-Native Bank Could Mean different for XRP and XRPL- Analysts

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