Ripple Labs has applied for a national banking license with the OCC, following Circle’s similar move as crypto companies pursue regulatory legitimacy under new stablecoin legislation. The company also seeks Federal Reserve master account access for its RLUSD stablecoin operations.
The SEC has approved Grayscale’s Digital Large Cap Fund conversion to an ETF, giving investors access to Bitcoin, Ethereum, XRP, Solana, and Cardano through a single regulated investment vehicle. The approval signals potential for more multi-crypto ETFs in 2025’s second half.
Ripple’s XRP Ledger has integrated with Wormhole’s cross-chain protocol, enabling XRP and native tokens to move seamlessly across more than 35 blockchain networks. This partnership unlocks advanced DeFi capabilities, institutional finance applications, and real-world asset tokenization opportunities for the XRP ecosystem.
XRP has experienced an explosive 300% price rally since November 2024, reaching above $2 and triggering substantial profit-taking among early investors at a rate of $68.8 million per day.
XRP shows bullish consolidation patterns following regulatory clarity, with crypto analyst Crypto Beast predicting potential breakout to $10. The token gained 0.5% as markets paused after Fed rate decision, despite weekly losses of 3.2%.
Singapore-based Trident Digital announces ambitious $500 million XRP treasury initiative, joining growing corporate trend of cryptocurrency reserves despite recent financial challenges.
Webus International Limited, a Hangzhou-based AI mobility company, has announced plans to establish an XRP treasury to streamline international payments for its transportation services. The company recently raised $8 million through its Nasdaq IPO and aims to integrate cryptocurrency into its business operations.
Ripple’s enterprise stablecoin RLUSD received regulatory approval from Dubai’s Financial Services Authority, enabling operations within the Dubai International Financial Centre and expanding Middle East presence.
Ripple submitted a comprehensive legal framework to the SEC challenging current crypto oversight, proposing clear standards for when digital assets should no longer be classified as securities in secondary markets.
XRP recovered 1.44% despite ongoing SEC legal uncertainty, as 83% odds for ETF approval by December 2025 and potential case resolution fuel trader optimism.
