Ripple Applies for U.S. Banking License Ripple Labs has formally applied for a banking charter in the United States. This marks a major strategic pivot in the crypto sector—bridging blockchain infrastructure directly into the traditional financial system. A U.S. banking license would allow Ripple to: • Access the Federal Reserve’s payment systems • Offer regulated custody and settlement services • Solidify its position in global cross-border payments This is part of a larger institutional