The Daily Leo | Ripple Applies for US National Banking License

in LeoFinance5 months ago

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Ripple Applies for U.S. National Banking License

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agoRipple Labs is a company in the United States that manages the XRP coin. Its a popular coin in the market and a leading one if we go by market cap. Now Ripple Labs has applied for a US national banking license. They have applied it with the Office of the Comptroller of the Currency (OCC). They have launched a stablecoin, Ripple USD (RLUSD), some time back and are following compliance for it. RLUSD was launched in October 2024 as a dollar-pegged stablecoin

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USDT is a top stablecoin by Tether. Now, Tether’s USDT is significantly challenging Circle’s USDC lead on BitPay. USDC is another stablecoin after USDT, and both coins are trying to expand their utility as well as presence on various protocols while doing collaborations and partnerships with different companies and service providers. Tether’s USDT is closing the gap with Circle’s USDC on BitPay payments in 2025

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Bitcoin price is going up and down, but mostly its above the 100k USD price mark, and this shows that Bitcoin is strong. Its anticipated that BTC price will touch 150k US dollars this year or in the current cycle. While the alt rally has not started, but its awaited, and I hope to see it coming soon. Can we expect the bitcoin price to go 160k USD in this cycle?

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BRICS is a group of 10 countries and its known as a powerful organisation. Now the problem is that some countries that are part of BRICS have differences, and this organisation was started with 5 but now has 10 countries. For example, India and China both are part of it, but both countries dont come on the same page for many things, and this is a challenge

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