Expert: XRP to Hit $10 In No Time If This Is Approved

Ripple's ongoing push into regulated finance has taken a decisive turn. The company’s long-awaited application for a national trust bank charter with the Office of the Comptroller of the Currency (OCC) is in the public review phase, marking a key moment in its expansion into traditional financial infrastructure.

The company plans to launch the Ripple National Trust Bank. The filing positions the company to operate under federal banking oversight if approved. The move has generated renewed optimism among XRP supporters who see the development as a potential game-changer for the digital asset’s market trajectory.

Crypto analyst Steph Is Crypto (@Steph_iscrypto) stated on X that XRP could rise to $10 in no time if Ripple’s application is approved. The comment encapsulates the sentiment that a successful charter could significantly strengthen XRP’s credibility and utility in the financial system.

A Strategic Step Toward Banking Integration

Ripple’s application aims to establish a federally chartered trust bank that would allow it to provide custody and fiduciary services, manage digital asset reserves, and potentially gain access to Federal Reserve payment rails through a master account.

This structure could allow Ripple to handle RLUSD under direct federal supervision, reducing its dependence on third-party financial intermediaries. Such access to established banking infrastructure would give Ripple the ability to bridge digital and traditional finance within a regulated framework.

The company’s focus on institutional-grade financial services aligns with its strategy to use the XRP Ledger for cross-border transactions and liquidity management.

Why Approval Could Boost XRP

A federally approved trust bank could enhance XRP’s standing among institutional players. By operating within a regulated banking environment, Ripple would gain a level of credibility rarely afforded to crypto-focused entities.

This validation could drive greater adoption of XRP for payment settlement and liquidity provision, strengthening its fundamental use case. If Ripple secures the charter, the company could integrate XRP more deeply into its payment ecosystem, potentially increasing transactional demand for the token.

The Path Ahead for XRP

Ripple’s pursuit of federal oversight signals its intent to operate within the framework of U.S. financial law, which could help the company avoid regulatory uncertainty similar to its prolonged legal battle with the SEC that hindered XRP’s growth.

The outcome of this application will significantly impact investor confidence and market sentiment regarding XRP. If the charter is approved, Ripple’s strengthened regulatory position may provide the foundation that analysts like Steph Is Crypto believe could send the asset toward the $10 mark.