Ripple Banking Charter Enters Review Phase
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— STEPH IS CRYPTO (@Steph_iscrypto) October 23, 2025
RIPPLE’S OCC BANKING LICENSE APPLICATION IS NOW PUBLIC — “RIPPLE NATIONAL TRUST BANK” ENTERS REVIEW PHASE. $XRP T0 $10 IN NO TIME IF APPROVED! pic.twitter.com/PwzTaPiPHt
On October 23, 2025, Ripple Labs publicly submitted a charter application with the U.S. National trust bank, called Ripple National Trust Bank. Cryptocurrency analyst announced the update on X regarding Ripple. The update indicated the beginning of the review phase and theorizing about the future increase of the price of XRP. The app is a major regulatory milestone to Ripple and the native token.
Application Details of the Charts
The application finds Ripple National Trust Bank as an intended de novo national trust bank as per the Office of the Comptroller of the Currency (OCC). Ripple Labs is additionally leasing its operational address which is 111-119 W. 19th Street, Floor 6, New York, NY. Paul Hastings LLP provides legal representation, and Dana Syracuse and Josh Boehm are the heads of this representation.
Ripple can offer trust, fiduciary, and banking services, and Fedwire and FedNow may be among these, through a national trust bank charter. The OCC review process lasts between 30-90 days, and the stakeholders are able to give feedback. The partial win of Ripple in the SEC lawsuit in the past (2024) minimizes the regulatory unpredictability and increases the credibility of the charter.
Market and XRP Implications
The approval would boost the level of institutional use of XRP and make it a part of the banking practice. Analysts estimate that XRP may go to $7-$10 after approval with a range of more optimistic estimates to $30-50 in case of a Federal Reserve master account. XRP is being traded at an average of $3.07 and its circulating supply is approximately 56 billion. Valued at 10 dollars would infact put the market cap at 560 billion dollars. The continuous collaborations of Ripple with DBS Bank and Franklin Templeton help to promote the global liquidity and demand of the tokens.
The news created a bullish reaction in crypto enthusiasts. There were traders who also forecasted XRP to reach above $10 and traders who gave warnings that there could be regulatory challenges. The approval stage and subsequent review is also a critical consideration to the market confidence.
Broader Implications
Ripple has a chance of being among the first crypto-native companies to obtain a U.S. national banking license. This move will also provide a precedent to acceptance of blockchain-based finance by the regulator. Several risks exist, such as the legacy bank resistance, regulatory slowdown, or SEC tussle that may affect the direction of XRP. New York base consolidates the presence of Ripple in the United States and supplements its activities in Asia-Pacific.
