Who Gains From Ripple's New Bank Charter? XRP Holders May Be Last in Line

Ripple received final approval from the OCC to operate a national trust bank covering reserves for its $2.5 billion RLUSD stablecoin and enterprise digital asset custody, but XRP token holders are excluded from direct benefits. Despite RLUSD supply growing 86% since January, XRP's price has fallen 37%, highlighting token holders' limited gain from the charter.

This Wire brief sits within Fusion42's coverage of Fintech.