Ripple Follows Circle in Bid for US Banking License
Summary
Ripple has filed an application with the Office of the Comptroller of the Currency (OCC) to obtain a national bank charter. This move aims to provide Ripple with both state and federal oversight, enhancing trust in the stablecoin market. Ripple's application follows Circle's recent similar application, while Anchorage Digital remains the only digital assets firm with a national bank charter.
