Ripple has officially applied for a national bank charter to the Office of the Comptroller of the Currency (OCC). The crypto company already holds a state-level license from New York’s NYDFS.
If it now secures a bank charter, it would become the only stablecoin with both federal and state oversight, boosting the credibility of $RLUSD – Ripple’s stablecoin.
This move, confirmed by Ripple CEO Brad Garlinghouse on X, comes just two days after USDC issuer Circle announced its own application for a bank charter with the OCC.
$USDC is currently the second biggest stablecoin with a market cap of $61B, whereas $RLUSD holds a much smaller footprint of $469M.
We’ll dig into what it could mean for the wider crypto market and also suggest the top presales you can buy to capitalize on the trend.
Ripple’s Fed Master Account Application
Along with a national bank charter, Ripple has also applied for a Fed master account through Standard Custody & Trust Company.
Currently, no stablecoin issuer has a Fed master account. If Ripple gets the nod, it could be a major win for $RLUSD.
Instead of holding reserves with third-party financial instruments, Ripple will be able to store them directly with the Fed, offering an unmatched level of security.
A Fed master account is also a strong indicator of regulatory trust in the stablecoin, which will encourage other financial institutions to use $RLUSD as their primary stablecoin.
Ripple’s push for a national bank charter could lead to a domino effect where more stablecoin issuers strive for a regulatory stamp of confidence.
This opens the door for innovative altcoins with unique real-world utility to skyrocket. With that in mind, here are some of the top trending cryptos you can invest in to make the most of it.
1. Snorter Token ($SNORT) – Best Crypto to Buy Now for the Best Meme Coin Trading Experience
Are you a meme coin trader? If yes, the Snorter Telegram bot might just be what you’re looking for.
Powered by the Snorter Token ($SNORT), the bot can automatically, and at breakneck pace, snipe new tokens on the Solana blockchain as soon as it becomes liquid, making it the best crypto to buy now.
If you hold $SNORT, you also get access to a low trading fee of just 0.85%, compared to the standard 1.5% when buying or selling crypto with the Snorter bot.
The best part? Snorter employs MEV-resistant layers to protect you from sandwich attacks, rug pulls, and honeypots, ensuring a safe and smooth meme coin trading experience.
Out of the total supply of 500M, 25% has been reserved for project development. This is a clear sign that the developers are prioritizing long-term innovation and platform upgrades.
The bot plans to integrate other blockchains beyond Solana, along with a centralized dashboard where you can view your entire crypto portfolio in a single place.
The $SNORT token has raised $1.5M so far and is currently priced at $0.0973. And if the $SNORT price predictions are anything to go by, the token could make a high of $1.02 in 2025 itself – a whopping 1,000% gain.
2. Bitcoin Hyper ($HYPER) – The First Bitcoin Layer-2 Solution With Faster Transactions and Lower Fees
Bitcoin is hands down the most popular cryptocurrency around.
However, over time, the Bitcoin ecosystem has been plagued by slow transactions due to growing traffic. Plus, Bitcoin isn’t compatible with decentralized apps, forcing users to resort to other options.
All that will change with Bitcoin Hyper ($HYPER) – a Bitcoin Layer 2 solution. A canonical bridge sits at the heart of $HYPER, using which you can convert your typical $BTC into wrapped Bitcoin.
This Bitcoin can then be used for staking or engaging with NFTs, DeFi, blockchain gaming, and more. Once you’ve done what you needed to do, you can convert the wrapped $BTC back to real $BTC.
Note that this entire conversion back and forth is powered by the canonical bridge and aided by the Solana Virtual Machine (SVM), offering speed and scalability along with low fees.
One $HYPER token is currently available for just $0.012125, and the project has raised a total of $1.8M so far. And according to our $HYPER price prediction, it could hit $0.08625 in 2026 — a potential seven-fold profit.
3. Lightchain AI ($LCAI) – Innovative Altcoin Looking to Build Futuristic Blockchains With the Help of AI
Lightchain AI brings together the best of both worlds – artificial intelligence and blockchain technology.
Simply put, Lightchain aims to build decentralized, smarter, and secure blockchains by leveraging the power of artificial intelligence.
For this, it plans to use a mix of modern technologies like consensus mechanism, Artificial Intelligence Virtual Machine (AIVM), and Proof of Intelligence (PoI).
$LCAI is your key to access the latest AI tech enhancements, privacy tools, and priority processing perks at Lightchain. You can also take $LCAI tokens to participate in DAO governance.
Lucky for you, you can get one token for just $0.007125 right now. The project has raised a whopping $21M so far and is on its way to revolutionize blockchain technology.
Conclusion
Ripple and Circle’s efforts for regulatory approvals signal a growing trend towards legitimizing digital assets.
This could ultimately benefit newer, high-potential tokens like Snorter Token ($SNORT) and Bitcoin Hyper ($HYPER), which might churn out outsized gains.
However, since cryptocurrencies are always a risky investment, it’s advised to do your own research before putting your hard-earned money into them. Also, this article isn’t financial advice.
