XRP News Today: Ripple’s XRP-Based Device Seeks Banking License to Challenge Traditional Financial Systems
- Ripple's XRP-powered ecosystem, leveraging blockchain and stablecoins, is positioned to rival JPMorgan and SWIFT through real-time payments and institutional services. - The company has acquired six firms to expand custody, stablecoin, and treasury capabilities, transitioning XRP into institutional markets via DATS and ETFs. - Seeking a U.S. banking charter could make Ripple the first crypto-native entity to operate with bank-grade compliance, accelerating blockchain adoption in finance .
Ripple’s significant infrastructure enhancements and its calculated role within the global financial landscape have attracted the notice of industry experts, with Teucrium Trading CEO Sal Gilbertie identifying the company as a possible competitor to
According to Senior Executive Officer Reece Merrick, Ripple’s infrastructure plan is focused on integrating financial systems using blockchain. The firm utilizes XRP and its stablecoin Ripple USD (RLUSD) to facilitate smooth, low-fee transactions. In the last two years, Ripple has acquired six companies to strengthen its expertise in payments, custody, and stablecoins, while also moving into prime brokerage and treasury services. These initiatives support Ripple’s goal of evolving XRP from a payment tool to a foundational asset in institutional finance, including digital asset-backed treasury securities (DATS) and exchange-traded funds (ETFs)
Gilbertie’s support for Ripple highlights the increasing institutional interest in blockchain-powered finance. He emphasized that XRP is a key asset held within Ripple’s network, with its value likely to rise as network activity grows. The CEO also mentioned that Ripple’s application for a U.S. national banking charter from the Office of the Comptroller of the Currency (OCC)
The comparison to
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
DeFi Faces a Crisis of Confidence: Token Examination, Tether’s Rating Cut, and Intensified SEC Crackdowns Converge
- Edel Finance's token launch faces scrutiny as 160 linked wallets allegedly acquired 30% of its supply pre-launch, triggering a 62% price drop. - Tether's S&P downgrade to "weak" highlights risks from $12.9B gold and $9.9B bitcoin reserves, with gold holdings rivaling central banks. - SEC intensifies oversight, fining Yida Gao $4M for crypto fund misrepresentation while exchanges warn against crypto exemptions. - DeFi projects like World Liberty Financial spend $10M on token buybacks, yet WLFI remains dow
The Recent Rise in Astar (ASTR) Value: Unveiling the Driving Forces Behind the Latest Surge
- Astar (ASTR) price surge driven by institutional adoption, robust on-chain metrics, and cross-chain innovation, with TVL rising to $2.38M in Q3 2025. - Astar 2.0's 150,000 TPS throughput and dynamic tokenomics (4.32% inflation) attract institutional investors seeking scalable, stable blockchain solutions. - Partnerships with Sony , Toyota , and others validate Astar's enterprise-grade infrastructure, aligning with crypto-traditional finance convergence trends. - Projected $0.80–$1.20 price target by 2030
Hayes Focuses on High-Yield DeFi Initiatives Amid Growing Institutional Interest
- Arthur Hayes acquired 2.01M ENA , 218K PENDLE, and 33K ETHFI tokens via Cumberland, totaling $1.42M in DeFi projects focused on yield optimization and automated market-making. - The purchases highlight growing institutional interest in DeFi protocols offering structured products and tokenized derivatives, with ENA and PENDLE leading in governance and yield strategies. - Hayes's strategy aligns with leveraging on-chain data to target undervalued assets, potentially amplifying market sentiment but exposing
Bitcoin Updates: Major Institutions Propel Bitcoin Beyond $90K Amid Expanding ETF Investments
- Institutional investors drove Bitcoin above $90,000 in November 2025 through strategic ETF allocations, including Texas's $10M initiative and Harvard's $443M IBIT stake. - ETF flows showed $238M inflows into spot Bitcoin ETFs despite prior $3.5B outflows, reflecting maturing institutional diversification and crypto-friendly government frameworks. - Texas's planned self-custodied Bitcoin transition and Mubadala's tripled IBIT holdings highlighted growing acceptance of Bitcoin as a strategic reserve asset.
