XRP Could Hit $50 If Ripple Gets Bank License, Claims Crypto Pundit
Vincent Van Code, a software engineer and XRP advocate, argues that Ripple's pursuit of a US banking charter and a Federal Reserve master account could revolutionize the crypto landscape. This move would position Ripple as the first crypto bank, enabling it to hold reserves with the Federal Reserve and offer FDIC-insured deposit accounts, potentially for crypto assets. A master account would grant Ripple direct access to the US financial system, enhancing its role in domestic and international payment flows. Van Code predicts XRP could reach $30–$50, citing catalysts like potential XRP spot ETF approval, significant institutional capital inflows, and RippleNet capturing a substantial share of the cross-border payments market. He also highlights the growing use of Ripple's stablecoin RLUSD and its potential role in Saudi oil settlements. The XRP community shows optimism, with many expecting a price increase. At press time, XRP was trading at $2.27.
