Ripple Seeks Banking License: A Game-Changer for Crypto and Finance

Ripple’s Regulatory Moves Spark Optimism for XRP’s Price Surge
Published on: Fri 04 Jul 2025
Read Time: 5 min
Author: Mikaia A.
XRP, the cryptocurrency that has long been the subject of speculation regarding its potential to reach $3, currently sits at $2.22. This figure, while disappointing for many investors, may be on the verge of change. Ripple, the company behind XRP, has recently made significant regulatory strides that could shift market dynamics. Are we witnessing the dawn of a new era for XRP? Let’s explore.
In Brief
- Ripple is pursuing a national banking license and aims to establish a direct account with the U.S. Federal Reserve.
- Following regulatory announcements, XRP experienced a 3.2% price increase.
- The RLUSD stablecoin could set a new standard for compliance among federally regulated stablecoins.
- Technical analysis suggests XRP may rise to $2.76.
Ripple’s Shift: From Rebel to Regulator
Ripple is changing its approach from resisting the banking system to seeking integration within it. By applying for a national banking license with the Office of the Comptroller of the Currency (OCC), Ripple is reshaping its strategy. This move signifies a commitment to both federal and state oversight, particularly from the New York Department of Financial Services (NYDFS).
Brad Garlinghouse, Ripple’s CEO, confirmed this development on social media, stating:
“Ripple files a national banking license application with the OCC. If approved, we will be supervised at both the federal and state levels.”
In tandem, Ripple has also sought a master account with the Federal Reserve through its subsidiary, Standard Custody. This would enable direct deposits of RLUSD reserves at the central bank, marking a dual regulatory initiative.
This proactive stance is transforming Ripple’s image from a disruptor to a compliant player in the financial landscape.
Can XRP Reach $3? Regulatory Developments May Pave the Way
The elusive $3 mark is a constant topic of discussion among XRP holders. While it remains uncertain, recent developments suggest a potential rebound. Following Ripple’s announcement, XRP’s price rose by 3.2%, briefly touching $2.27. Analysts are monitoring for a bullish inverted head and shoulders pattern, which could target $2.65 and eventually $3.
Market reactions are influenced not only by technical indicators but also by institutional movements. Notably, XRP’s inclusion in Grayscale’s new multi-asset ETF could broaden its exposure to regulated investment vehicles.
Ryan Lee, chief analyst at Bitget Research, emphasized:
“Ripple’s application for a U.S. national banking license — placing its stablecoin RLUSD and XRP-related services under OCC supervision — marks a strategic initiative aimed at reinforcing regulatory compliance and institutional trust.”
While multiple catalysts are at play, the ongoing legal uncertainties surrounding XRP could hinder its anticipated growth.
Stablecoins: Ripple’s Strategic Focus
At the heart of Ripple’s ambitions lies RLUSD, a stablecoin designed to compete with Circle’s USDC. To succeed, RLUSD must embody regulatory compliance, which is why Ripple is pursuing a banking license and a Federal Reserve account to enhance security and trust.
The battle for dominance in the stablecoin market is also unfolding in legislative arenas. The recently passed GENIUS Act aims to strengthen oversight of stablecoin issuers, positioning Ripple to capitalize on this regulatory framework. RLUSD could emerge as a key player in cross-border transactions.
Key Takeaways
- XRP was valued at $2.22 at the time of the announcement.
- The price increased by 3.2% within 24 hours of Garlinghouse’s tweet.
- Technical targets suggest potential rises to $2.65 and $2.76.
- A support level is identified at $2.14, with caution advised for pullbacks.
- Inclusion in an ETF could enhance XRP’s liquidity.
The current environment is ripe for structural changes. Through RLUSD, Ripple is pioneering a new model for crypto-banking.
Conclusion
Ripple has reignited interest in XRP through its recent regulatory advancements, which are fostering a climate of growing adoption. The price resistance around $2.35 may merely be a temporary plateau. A dedicated XRP ETF could serve as the catalyst that investors have been eagerly anticipating.
Disclaimer: The opinions expressed in this article are solely those of the author and should not be construed as investment advice. Always conduct your own research before making any investment decisions.