The Wall Street Journal @WSJ

Exclusive: Ripple has applied for a national banking license, joining the rush of cryptocurrency companies seeking to cross the divide into mainstream finance https://t.co/0l41C7hYoK

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Exclusive | Ripple Seeks a U.S. Banking License, Adding to List of Crypto Companies

A national banking charter would allow the company to hold its stablecoin reserves on its own balance sheet.