XRP Legal Battle Nears Resolution: Ripple and SEC Propose Settlement to Lift Sales Ban

In a significant development for the cryptocurrency industry, Ripple and the U.S. Securities and Exchange Commission (SEC) have jointly filed a motion to lift a 2024 injunction that restricted XRP sales. The motion also seeks to release a $125 million penalty held in escrow, with the proposed settlement allocating $50 million to the SEC and allowing Ripple to retain the remaining $75 million. This marks a pivotal moment in the long-standing legal battle that began in December 2020 when the SEC accused Ripple of selling XRP as unregistered securities. The July 2023 ruling had already provided some clarity, but this latest move could finally bring closure to the case. For XRP investors and the broader crypto market, this settlement could pave the way for renewed confidence and potential price appreciation. As of June 2025, the resolution of this case is seen as a bullish signal for XRP's future, with many anticipating a positive impact on its market performance.

Ripple and SEC Seek to Lift XRP Sales Ban and Split $125 Million Penalty

Ripple and the U.S. Securities and Exchange Commission have jointly filed a motion to lift a 2024 injunction restricting XRP sales and release a $125 million penalty held in escrow. The proposed settlement would see $50 million paid to the SEC, with Ripple retaining the remaining $75 million.

The legal battle began in December 2020 when the SEC accused Ripple of selling XRP as unregistered securities. A July 2023 ruling found some institutional sales violated securities laws while programmatic sales did not. The current motion cites "extraordinary circumstances" under Rule 60(b) to resolve the case without formal appeals.

Ripple CEO Forecasts XRP Could Capture 14% of SWIFT's International Payment Volume

At the XRP APEX 2025 event in Singapore, Ripple CEO Brad Garlinghouse outlined a bold vision for XRP's role in reshaping global finance. The digital asset could seize 14% of SWIFT's cross-border payment volume within five years, leveraging blockchain's liquidity advantages over legacy systems.

SWIFT's messaging network relies on correspondent banking, creating friction through intermediary delays and costs. Ripple's solution enables simultaneous message and value transfer, potentially revolutionizing liquidity management in international transactions. "The real transformation occurs when liquidity moves from bank control to blockchain efficiency," Garlinghouse noted.

The prediction underscores growing institutional recognition of crypto-native solutions for real-world financial infrastructure. XRP's design as a bridge currency positions it uniquely for this market disruption, though regulatory clarity remains a key variable in achieving this adoption threshold.

XRP’s Regulatory Woes Drive Interest Toward Kaanch Network Ahead of BitMart Listing

XRP continues to face headwinds from its ongoing legal battle with the SEC, dampening investor enthusiasm despite a modest 1.47% weekly gain to $2.24. Bitwise CIO Matt Hougan’s recent Optimism about the SEC’s shifting stance offers little respite for the embattled asset.

Meanwhile, Kaanch Network is capitalizing on the uncertainty, attracting attention with its LAYER 1 infrastructure and presale momentum. The project’s focus on real-world asset tokenization and community governance positions it as a compelling alternative ahead of its BitMart debut.

US Politician Advocates for New Bank Charter to Potentially Benefit Ripple and Other Digital-First Firms

Greg Kidd, a former congressional candidate and co-founder of Haka Yaka Ventures, is spearheading efforts to introduce a specialized bank charter tailored for digital-first businesses. The proposed charter WOULD streamline licensing for firms handling deposits and payments without requiring physical branches or lending capabilities.

Kidd revealed the initiative during the XRP Las Vegas conference, emphasizing its potential to disrupt traditional banking dominance. "The cost of moving money should be minimal," he stated, outlining a vision where digital wallets, remittance companies, and even major retailers could operate as licensed banks.

While not explicitly representing Ripple, Kidd acknowledged the charter could provide a pathway for blockchain-based payment providers to obtain banking licenses. The MOVE aligns with broader industry trends toward regulatory clarity for crypto-native financial services.

Ripple's Potential Acquisition Strategy and Blockchain Banking Vision

Greg Kidd, a crypto pioneer and former Ripple executive, envisions a future where blockchain technology reshapes traditional finance. Speaking at the XRP Las Vegas conference, Kidd suggested Ripple could acquire legacy financial institutions to modernize the sector. His vision extends beyond speculative crypto assets, aiming for full blockchain integration into global finance.

Kidd recalled Ripple's early days in 2012, when the ledger had just 188 accounts. "Money should move at the speed of the internet," he said, emphasizing the company's longstanding mission. Today, he leads an initiative to bring banking on-chain through Vast Bank, a nationally chartered institution. The plan involves issuing FDIC-insured U.S. dollar deposit tokens directly on blockchain networks, including the XRP Ledger.

Unlike stablecoins, Kidd's approach leverages fractional reserve banking, claiming eight times greater capital efficiency. "We can pay interest, offer consumer protections, and keep money moving around the clock," he added. This model could redefine how traditional banking interacts with blockchain technology.

Corporate XRP Treasuries May Squeeze Retail Investors Out of DCA Opportunities

Matthew Snider, CIO of Digital Wealth Partners, warns that retail investors could soon face difficulties accumulating XRP through dollar-cost averaging (DCA) as corporations aggressively build reserves. Trident Digital's plan to establish a $500 million XRP treasury—funded through stock issuance—signals a broader institutional pivot toward the asset.

Public companies including Webus International and VivoPower are similarly constructing XRP treasuries, potentially absorbing available supply. Snider cautions that this institutional demand may leave little liquidity for retail DCA strategies, which rely on gradual accumulation during price dips.

Trident's initiative, pending regulatory approval, highlights XRP's growing role in corporate balance sheets. The Nasdaq-listed firm is currently negotiating acquisition terms and infrastructure setup with partners, mirroring a trend that could redefine XRP's market dynamics.