OCC to Decide on Ripple Charter, Potential XRP Upside
Ripple’s OCC charter application for a National Trust Bank, filed July 2, entered its final 120-day review on October 31. The OCC will decide whether to approve, deny or extend the Ripple OCC charter, a verdict that could grant federal oversight, enable custody, settlement and payment services, and integrate its RLUSD stablecoin. Amid a potential US government shutdown that may delay or extend the review, investors are watching for public notices from the OCC and statements from Ripple executives. Approval is expected to boost market confidence in XRP, streamline cross-border operations and attract institutional interest, while denial or delay could dampen sentiment. Traders should monitor Ripple’s regulatory filings, OCC updates and emerging partnerships to gauge the charter’s status and anticipate its market impact.
Bullish
This news is bullish for XRP because approval of Ripple’s OCC charter would provide federal oversight and regulatory clarity, boosting investor confidence and institutional interest. In the short term, the announcement could trigger a price rally on expectations of enhanced custody and settlement capabilities. Over the long term, operating under a national trust bank charter and integrating RLUSD stablecoin under federal supervision could strengthen XRP’s utility and adoption, supporting sustained upward momentum.