Key notes
- Ripple is looking for a National Bank Charter of the OCC and a main account of the Federal Reserve.
- The Fintech company aims to consolidate regulatory trust and integrate directly into the American banking system.
- XRP is negotiated at $ 2.28 with a peak of 38.33% in volume, approaching critical resistance at $ 2.60.
Ripple Labs officially requested a national banking license in the United States with the office of the currency controller (OCC).
The announcement, confirmed by CEO Brad Garlinghouse on X, place the undulation at the forefront of regulatory convergence in the crypto space.
True to our long -standing compliance roots, @Ripple asks for a charter of the National Bank of the OCS. If it is approved, we would have both a (and unique!) Reference (and unique!) For confidence in the Stablescoin market.
Earlier in the week via …
– Brad Garlinghouse (@bgarlinghouse) July 2, 2025
A strategic jump to regulations
According to a WSJ report, Garlinghouse has focused on Ripple de Ripple’s long -standing approach, declaring that obtaining a banking license would mark a “new (and unique!) For confidence” in the Stablecoin sector.
Ripple is already regulated by the New York Financial Services Department for its Stablecoin Rlusd. By continuing the OCC charter, Ripple joins Circle, the transmitter of the USDC Stablecoin, by seeking direct federal surveillance under the newly adopted engineering law.
Boooooooooooooooooom !!!@Ripple asked for a national banking license! 💥🔥#Xrp pic.twitter.com/tqeyq1thpn
– JackTheripler © ️ (@Ripplexrpie) July 2, 2025
The law requires that the main stablecoin issuers are part of the OCC regulations, signaling a future where only regulated entities will prosper in the economy of American digital assets.
In addition, Ripple also asked for a main account in the American federal reserve via the standard guard, which Ripple acquired earlier this year.
The account would allow Ripple to contain the Rlusd reserves directly with the Fed – a decision that changes the situation that could make Rlusd one of the most secure stables on the market.
XRP price action: premordé for a break?
At the time of the press, XRP is negotiated at $ 2.28, up 2.22% over the day, with a significant increase of 38.33% of the negotiation volume, totaling approximately $ 4 billion.
Despite this momentum, XRP
Xrp
$ 2.28
24h volatility:
4.0%
COURTIC CAPESSION:
$ 134.77 B
Flight. 24 hours:
$ 3.76 B
Facing a strong resistance to the descending yellow trend line, aligned with the FIB 0.618 ($ 2,6091) – a key confluence which could act as a rupture trigger.
The RSI is currently at 57.16, XRP remains lower than the surachat levels (70), signaling room for the momentum up. A break over 60 could feed a bullish rally.
The MacD indicator shows that the MacD line is now above the signal line with a mild bullish crossing, suggesting the early phase of an upward trend.
XRP MacD, RSI, FIB levels | Source: tradingView
XRP tests a descending resistance line of several months. A successful breakthrough above this trend (almost $ 2.35 to $ 2.60) could confirm a bullish reversal.
Fibonacci extension targets reveal potential targets to:
- 2.618 FIB extension: $ 3.04
- 3.618 FIB extension: $ 3.47
- 4,236 FIB extension: $ 3.74
These levels provide potential upwards if XRP breaks and will maintain above the area from $ 2.60 to $ 2.70.
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Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.
Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn
