This step will allow Ripple to operate as a government-regulated bank with services such as providing electronic custody, stablecoins, and international money transfers.
Market Impact:
• 🟢 Increases trust in XRP and the Ripple system
• 🏛️ Demonstrates the legitimacy of Ripple in the United States
• 🔍 Can attract participation from major financial institutions
• ⚠️ May face scrutiny from government agencies before approval
760.497 SRY