🚨 Circle just received its New York Trust Charter from NYDFS. Ripple already has : → NYDFS Trust Charter via Standard Custody & Trust → OCC conditional approval for Ripple National Trust Bank → BNY Mellon as primary reserve custodian for RLUSD → MiCA full CASP license in Europe Circle just reached a milestone Ripple passed months ago. Two layers of US federal and state oversight. No other stablecoin issuer can say that today. More institutional trust = more RLUSD volume. More RLUSD volume = more activity on XRPL. More activity on XRPL = real utility demand for XRP. The infrastructure is already there. Not financial advice. Educational purposes only
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