4 July 2025
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Ripple’s Bid for Banking Charter Could Transform XRP Market Dynamics
Vincent Van Code, a software engineer and XRP advocate, discussed Ripple’s pursuit of a US banking charter and a Federal Reserve master account. This development positions Ripple as a potential leader in crypto and traditional finance.
- Ripple aims to become the first crypto bank, allowing it to hold reserves directly with the Fed.
- The move could enable Ripple to offer FDIC-insured deposit accounts and lend against crypto collateral.
- A master account would provide access to Fed payment systems like Fedwire and FedNow.
- Ripple's integration into domestic and international payment flows is anticipated through its remittance infrastructure, RippleNet.
Impact On XRP Price
Van Code made a price prediction for XRP, estimating it could reach $30–$50, influenced by:
- Potential spot ETF approval for XRP.
- Institutional capital inflows of $20–$50 billion.
- Approval of Ripple’s master account.
- RippleNet aiming for 20–30% of the $1 trillion cross-border payments market.
- Global adoption of XRP as a bridge asset for CBDCs in over 50 countries.
- Increased demand for Ripple's stablecoin RLUSD.
- Collaboration with the Saudi central bank for oil settlements.
At the time of reporting, XRP was trading at $2.27.