Ripple Applies for U.S. Bank License: XRP Soars!

TL;DR Ripple has applied for a national banking license in the U. S. to operate its RLUSD stablecoin under federal supervision and expand its reach. The company aims to turn RLUSD into a dual-regulated stablecoin, enhancing transparency and offering additional safeguards for users and institutions. Ripple plans to use this license to launch new crypto financial. . . source: https://crypto-economy.com/ripple-applies-for-u-s-bank-license-xrp-soars/