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Mmastodon BusinessBanking first seen 4 d ago, last 4 d ago, peak #11

Ripple secures first US banking licence, launches trust bank

Original: Ripple erhält erstmals eine US-Banklizenz und gründet mit der RNTB eine Trust Bank zur Verwahrung von Stablecoin-Reserve

Ripple has received a US banking licence for the first time and, together with RNTB, is founding a trust bank that will hold reserves for its RLUSD stablecoin and digital assets for institutional clients. The move takes the blockchain company into regulated banking territory and is being read as a milestone for crypto firms seeking traditional financial oversight.

Why now: A major crypto company crossing into regulated banking is a significant development for the industry's legitimisation.

RippleRNTBRLUSD

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Rank over time, top of the chart is #1. 2 snapshots from 4 d ago to 4 d ago.

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