Cryptocurrency payments company Ripple is approaching a milestone that could redefine its role and XRP’s position in the global financial industry and the US banking sector. Up-to-date reports reveal that national bank cardwhich the crypto company applied for earlier this year could soon be approved, potentially making Ripple’s dream of founding a US bank a reality.
Ripple may soon secure the National Bank Card
“Steph is Crypto” Market Expert announced on X this Wednesday, the long-awaited Ripple domestic bank license is “imminent”, meaning approval may be issued soon. The analyst described this opportunity as an upside one. His optimism about the bank card raised expectations among those in the crypto community under his position, most of whom did as well Agreement that a potential approval could be bullish for XRP.
Ripple Labs first revealed plans to create a National Trust Bank in July 2025, when CEO Brad Garlinghouse confirmed to the U.S. Office of Controller of the Currency (OCC). If approved, the proposed bank will reportedly be based in Up-to-date York and operates as a wholly owned subsidiary of Ripple.
Typically, the OCC spends approximately 120 days processing a bank card application. Based on Ripple submitted work in due course, a US regulator’s decision on a crypto company’s banking license expected around October 2025. However, this process has been delayed and the official approval or rejection of the project has been postponed until further notice.
As of this writing, the OCC has not provided an official statement confirming the date of approval of Ripple’s banking license. Nevertheless, some members of the crypto community speculate this approval could come by the end of this month, while others to expect that’s within six months.
If the OCC grants a license, Ripple will officially operate as a national custodian bank under direct federal supervision. This status would give the company the authority to offer custody and settlement services for both digital and conventional resources. Experts also believe that it could enable the company to integrate RLUSD stablecoinwhich could potentially result in a significant augment in institutional employ of XRP in US financial markets.
Up-to-date OCC ruling strengthens Ripple’s banking plans and XRP tool
In a recent post on X, cryptocurrency analyst X Finance Bull highlighted a fresh ruling by the US OCC that removes the last major barrier stopping conventional banks from engaging in cryptocurrencies. According to official OCC reportfresh ruling allows US banks to employ digital assets and currencies in their operations and to engage in risk-free mainstream cryptocurrency transactions.
These fresh guidelines come at an ideal time for Ripple’s regulatory plans. The company positioned itself definitely within the limits of compliancer by applying for a national banking license regulated by the OCC. The ruling fully allows domestic banks to employ XRP and RLUSD for settlement and payment purposes. While the OCC’s decision only applies to domestic banks, it is a fundamental step towards Ripple’s potential entry into the market US banking system.
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