Ripple Files for US Bank License: XRP Price Eyes Breakout on Stablecoin Ambitions

Ripple’s push into federally regulated finance is accelerating. The firm behind the XRP token has officially filed for a national banking...

Written by: Maham Arslan • Thursday, July 3, 2025 • 1 min read

• Last updated: Thursday, July 3, 2025

Quick overview

Ripple has filed for a national banking license with the OCC to enhance confidence in its RLUSD stablecoin.
The application includes a request for a Federal Reserve Master Account, allowing Ripple to manage RLUSD reserves directly with the Fed.
XRP is currently trading at $2.29, showing bullish signals and testing a key resistance level at $2.327.
A breakout above $2.327 could initiate a rally towards targets of $2.384 and $2.43.

Ripple’s push into federally regulated finance is accelerating. The firm behind the XRP token has officially filed for a national banking license with the Office of the Comptroller of the Currency (OCC)—a strategic move aimed at bolstering institutional confidence in its RLUSD stablecoin, which currently holds a market cap of $469 million, dwarfed by Tether ($157.8B) and USDC ($61.6B).

The firm’s application comes alongside a request for a Federal Reserve Master Account, which would enable Ripple to custody RLUSD reserves directly with the Fed—an unprecedented step for a crypto-native firm. CEO Brad Garlinghouse emphasized this dual approach will “bridge traditional and digital finance at scale.”

While Ripple charts a regulatory path, the XRP price is flashing bullish signals, trading at $2.29, just below a key resistance zone.

XRP/USD Technical Outlook – July 3, 2025

XRP/USD has surged off an ascending trendline that’s been in play since late June, with a clean break above $2.212 resistance confirming upside intent. The price is holding firm above both the 50-period EMA ($2.21) and the 200-period EMA ($2.18), both sloping upward—a sign of building momentum.

XRP Price Chart - Source: Tradingview — XRP Price Chart – Source: Tradingview

Most notably, price action is testing $2.327, the upper boundary of recent consolidation. A close above this level could trigger a breakout toward $2.384 and potentially $2.43, especially with bullish candles showing minimal upper wicks—suggesting buyers are in control.

Trade Opportunity for Novices:

Rising Momentum Eyes $2.38 Target if $2.327 Breaks

Bullish Setup

Entry: Breakout and close above $2.327 with volume
Stop-loss: Below $2.21
Targets: $2.384, $2.43

Bearish Rejection Setup

Entry: Short on rejection candle at $2.32
Stop-loss: Above $2.33
Targets: $2.212, $2.147

As Ripple (XRP) heads toward bank-level legitimacy, XRP’s technicals align with a bullish (upside) structure. A breakout above $2.327 could mark the start of a fresh rally.

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ABOUT THE AUTHOR See More

Maham Arslan

Crypto News Writer | Blockchain & Web3 Reporter

Maham is a crypto news writer and market analyst specializing in breaking down the latest developments across blockchain, digital assets, and decentralized finance (DeFi). With hands-on experience covering high-impact stories—from regulatory shifts and token launches to macro-driven price movements—she delivers timely, accurate, and SEO-optimized content for fast-growing crypto media platforms. Her expertise lies in producing daily news reports, price predictions, technical summaries, and coverage of market-moving events. Maham tracks real-time updates across global newswires, X (Twitter), and on-chain data to provide actionable insights tailored for retail traders, crypto enthusiasts, and institutional readers. With a strong grasp of crypto fundamentals and Web3 trends, she delivers content that’s informed, accessible, and always on time.