
BTW, this doesn’t mean @Ripple is about to offer you a checking account. There are 2 main things its national trust bank will do: 1. Manage the cash and investments backing $RLUSD 2. Safeguard crypto for institutions. The big deal here is that Ripple’s trust bank will operate under federal supervision. That could make institutions more comfortable trusting it with their assets and help Ripple win more clients. So, unless you're holding millies in $RLUSD this is not for you anon, chill.
