Ripple is making some bold moves that could change both crypto and traditional finance.
According to analyst Vincent Van Cod, Ripple is now seeking a banking charter and access to a Federal Reserve master account. That’s a big deal – and if approved, Ripple could become the first crypto-native institution with the ability to operate like a full-service bank.
So what does this mean?
First, Ripple could hold reserves directly with the Fed, meaning it wouldn’t need to rely on any middleman bank to store funds. That’s something only a small number of trusted institutions can do today.
Second, Ripple would be able to offer banking services, likely including features that integrate both fiat and crypto. This could include deposits, payments, and more.
Third, the company could potentially lend money using XRP or other crypto assets as collateral. Imagine getting a loan by locking up your XRP – possibly all done on-chain.
With Ripple announcing they are seeking a banking charter as well as a Fed master account, this means they will be the very first crypto bank that:
— Vincent Van Code (@vincent_vancode) July 2, 2025
1. Holds reserves directly with the Feds, ie no bank required
2. Can provide banking services, and likely include crypto.
3. Can…
Fourth, Ripple would be positioned to offer core cross-border remittance services at a much larger scale. This is already one of Ripple’s key strengths, and having a banking license would give it even more firepower.
And finally, here’s the kicker – FDIC insurance. Van Cod speculates that Ripple’s bank could offer FDIC protection up to $250,000 per account, and maybe even include some cryptocurrencies in that coverage. That would be a major leap forward for crypto legitimacy in the U.S.
Now, what about the price of XRP?
Despite this potentially game-changing news, XRP is still stuck in the $2.00 to $2.50 range. The price has been moving sideways for weeks, with no clear breakout. Traders and long-term holders alike are waiting for something to trigger the next move.
But if Ripple does pull this off – becoming the first crypto bank with direct access to the Fed and offering insured deposits – that could be the catalyst everyone is waiting for.
As Van Cod puts it, this could mark the start of a new era – one where traditional banking finally starts to lose its grip, and crypto steps into the mainstream spotlight.
Read also: XRP Price Prediction for July
Whether or not XRP breaks out soon, Ripple’s long-term vision seems more ambitious than ever.
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
