Paul Barron and Rupert from @realallincrypto discuss the impact on Strategic Banking Integration - Ripple Labs has applied to the Office of the Comptroller of the Currency (OCC) for a charter as a national trust bank.
They discuss Trump's recent statement about replacing the legacy banking system and their belief that this is directly referencing the power of Ripple and eventually the XRP ecosystem. BNY Mellon will be the primary custodian for Ripple's U.S. dollar-pegged stablecoin reserves, which could change with a Ripple Banking License.
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