Ripple's recent activities in the banking and stablecoin sectors have raised interest and discussions within the cryptocurrency community. Insights into potential development directions are being discussed by experts.
Prospects of RLUSD and Banking License
Crypto commentator Bob Way (@bob_way) highlighted that RLUSD and the request for a banking license could lay the foundation for significant expansion of Ripple. The end of the legal battle with the SEC may positively affect the implementation of these plans. Way expresses optimism about developments in the next 12 months.
Potential Impact on XRP
Ripple has applied for a national banking license in the U.S. If granted, it would allow the company to operate as a federally regulated trust bank, creating the necessary regulatory framework for increased institutional use of XRP. This could also reduce reliance on traditional banking intermediaries and increase demand for XRP.
Operational and Strategic Aspects
With RLUSD already leading the market, Ripple focuses on scaling the stablecoin within a compliant legal framework. At the same time, the company plans to accelerate its international expansion by obtaining approvals in other jurisdictions, enabling Ripple to introduce its services more quickly in regions with established regulations for digital assets.
Upcoming initiatives from Ripple regarding the acquisition of a banking license and the development of RLUSD could create new opportunities for XRP and lead to significant market changes. Expert optimism regarding the next 12 months highlights the potential for transformation.
