<ul data-eligibleForWebStory="false"><li>Ripple has applied for a national bank charter with the OCC following a similar move by Circle, potentially impacting the price of XRP.</li><li>The move aims to bring Ripple's stablecoin RLUSD under OCC regulation to increase transparency and compliance in the stablecoin market.</li><li>Ripple has also applied for a master account with the Federal Reserve to enhance security and trust in RLUSD, with its CEO emphasizing the importance of setting the right standard in the market.</li><li>Analysts suggest that approval of the banking license could lead to a significant surge in XRP price, with XRP currently trading at $2.29 and showing positive momentum over various timeframes.</li></ul>

XRP Set for Major Price Revaluation Following Ripple Banking License Bid

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