XFinanceBull highlighted that Ripple National Trust Bank has already been conditionally approved by the Comptroller of the Currency (OCC). This charter would allow Ripple to custody digital assets, offer lending services, and gain direct access to the Federal Reserve System, such as FedNow for instant payments.
The next step is the Fed Master Account application, which would directly connect a chartered bank to the Federal Reserve’s payment systems. Ripple is still waiting on this approval, and this is not speculation.
How XRP Enables Instant Currency Conversion
