Ripple gains federal bank charter, analysts predict XRP repricing

Digital Asset Investor, a well-known commentator in the cryptocurrency space, stated that a significant XRP repricing event is approaching, describing the current environment as the most bullish he has ever seen for the asset. Ripple recently secured final approval from the U.S. Office of the Comptroller of the Currency (OCC) to launch Ripple National Trust Bank. This federal charter allows Ripple to offer custody services for digital assets and manage the reserves backing RLUSD, its U.S. dollar-backed stablecoin.

Source: CoinTurk News