XRP’s Strategic Leap: Ripple Applies for National Banking Charter to Strengthen Stablecoin Ambitions

In a bold move to solidify its position in the regulated financial services sector, Ripple has officially applied for a national banking charter with the Office of the Comptroller of the Currency (OCC). This strategic step, confirmed by CEO Brad Garlinghouse, aims to place the crypto firm under dual oversight by federal and state regulators. The application is a pivotal part of Ripple's broader plan to enhance its U.S. dollar-pegged stablecoin, RLUSD, which is expected to launch soon. By securing a national banking charter, Ripple seeks to bolster its stablecoin operations, ensuring compliance and credibility in the rapidly evolving cryptocurrency market. This development underscores Ripple's commitment to bridging the gap between traditional finance and digital assets, potentially paving the way for broader adoption of XRP and its associated technologies. As of July 2025, this move positions Ripple as a formidable player in the crypto-financial landscape, with significant implications for the future of XRP and the stablecoin ecosystem.

Ripple Seeks National Banking Charter and Fed Master Account to Bolster Stablecoin Operations

Ripple has formally applied for a national banking charter with the Office of the Comptroller of the Currency, marking a strategic push into regulated financial services. CEO Brad Garlinghouse confirmed the move, which would subject the crypto firm to dual oversight by federal and state regulators.

The application aligns with Ripple's ambitions for its U.S. dollar-pegged RLUSD stablecoin, launched in December 2024. Simultaneously, the company's subsidiary Standard Custody has sought a Federal Reserve master account—a potential game-changer that would allow direct reserve management with the central bank.

Approval WOULD eliminate intermediaries in Ripple's payment infrastructure, granting direct access to Fed settlement rails. "This sets a new benchmark for trust in stablecoins," Garlinghouse noted, emphasizing Ripple's compliance-focused approach through existing New York Department of Financial Services oversight.

Ripple Files for U.S. Banking License to Strengthen RLUSD Stablecoin

Ripple has taken a decisive step toward integrating its digital assets into the traditional financial system by applying for a national banking charter in the United States. The MOVE aims to bring its RLUSD stablecoin under direct federal oversight, signaling a strategic push for institutional credibility and operational efficiency.

CEO Brad Garlinghouse confirmed the application, noting RLUSD already operates under New York regulators. A federal charter through the OCC would expand its reach, allowing Ripple to hold reserves directly with the Federal Reserve. This eliminates intermediary banks, accelerates settlements, and enhances transparency—particularly during off-hours when legacy systems stall.

The application underscores Ripple's ambition to position RLUSD as a cornerstone of modern finance. Federal approval could redefine the stablecoin's role in payments and institutional adoption, merging crypto agility with regulatory compliance.

XRP's Resurgence Fuels Interest in APT Miner's Cloud-Based Mining Solutions

As XRP stages a market comeback, investor attention is shifting toward passive income opportunities in crypto mining. APT Miner, a UK-based cloud mining platform operational since 2018, reports heightened demand for its transparent, manufacturer-backed services. The firm partners with industry leaders like Bitmain and Canaan Creative to provide real-time income tracking across 180+ countries.

The platform caters specifically to long-term holders seeking asset appreciation without active trading, non-technical users wanting blockchain exposure, and diversified portfolios allocating to passive income streams. Daily payouts and flexible contract terms aim to address varying risk appetites amid volatile market conditions.

John Deaton Predicts Ripple and Coinbase Will Displace Traditional Banks

Gen Z and Millennials are increasingly abandoning traditional banking institutions in favor of crypto platforms, drawn by higher yields, tokenized assets, and Web3 financial tools. A striking 89% of younger demographics express willingness to transition from legacy banks to decentralized alternatives, according to analyst Paul Barron.

Pro-crypto attorney John Deaton envisions a NEAR future where platforms like Coinbase, Kraken, and Ripple function as comprehensive financial hubs. "These will become one-stop shops for mortgages, auto loans, and peer-to-peer lending," Deaton tweeted, signaling an impending paradigm shift in financial services infrastructure.

The migration reflects growing dissatisfaction with incumbent banks like Wells Fargo and Bank of America, now facing existential pressure from blockchain-native solutions offering greater transparency and user control. This trend coincides with Ripple's rumored partnership with Uphold, potentially accelerating institutional crypto adoption.

Swiss Bank AMINA Launches Custody and Trading for Ripple’s RLUSD Stablecoin

AMINA Bank, a Swiss crypto-focused financial institution, has become the first globally operating bank to support Ripple USD (RLUSD), the newly launched stablecoin from Ripple. The bank now offers custody and trading services for RLUSD, targeting institutional clients and professional investors seeking compliant stablecoin solutions.

RLUSD, pegged to the U.S. dollar and backed by U.S. Treasuries, enters a $250 billion stablecoin market that is increasingly integrated into financial systems worldwide. With a current supply of $430 million, the token is regulated by the New York Department of Financial Services, adding a LAYER of institutional credibility.

AMINA plans to expand its RLUSD services in the coming months, reinforcing its strategy to bridge traditional banking with digital asset infrastructure. The bank, licensed by Switzerland’s FINMA, operates regulated hubs in Hong Kong and Abu Dhabi, positioning itself as a gateway for emerging financial instruments.

XRP Promoted as a Tool for Daily Earnings Through Cloud Mining

XRP is being marketed as a means to generate substantial daily income, with claims of earning up to $1,000,000 per day through cloud mining services. The promotional material highlights BTC Miner, a platform that allows users to convert XRP holdings into daily earnings without active trading or market speculation.

The service promises zero-risk returns, leveraging XRP's position as an emerging standard for global payments. BTC Miner offers mining contracts that automatically credit earnings regardless of market conditions, positioning itself as a passive income solution for XRP holders.

Potential users are enticed with initial incentives including $500 in mining rewards and $2 risk-free contracts. The platform requires a minimum balance of $200 before withdrawals or reinvestment can occur, emphasizing compound growth strategies.