A fresh wave of speculation is circulating in the XRP community following a post by popular influencer JackTheRippler on X, suggesting that Ripple may soon obtain a banking license and fully transition into a bank. While Ripple has not confirmed such a move, the rumor has reignited discussions about the company’s evolving role in the global financial system. JackTheRippler’s post was accompanied by a visual breakdown demonstrating how Ripple’s infrastructure already mirrors the core functions of a modern digital bank. In the illustrated process, a sender’s bank connects to a third-party liquidity provider to replenish its XRP holdings. It then accesses RippleNet and xCurrent for pre-transaction verification, including exchange rates and transfer costs. Once the conditions are accepted, the bank executes the cross-border payment using XRP in real time. On the receiving end, the bank uses a separate liquidity provider to convert the XRP into local currency, completing the transaction seamlessly. This end-to-end flow highlights Ripple’s technical capacity to operate like a bank, even without a license. It has led many to ask whether formal regulatory approval is simply the next phase in Ripple’s institutional evolution. RUMORS: @Ripple will obtain a banking license and transform into a bank! #XRP pic.twitter.com/MfDPYel2Ed — JackTheRippler © (@RippleXrpie) June 14, 2025 The Banking Charter Possibility This rumor aligns closely with earlier developments reported by Timestabloid. Former Ripple board member and entrepreneur Greg Kidd revealed during a one-on-one interview with FOX Business journalist Eleanor Terrett at the XRP Las Vegas conference that he is developing a specialized banking charter. The charter is designed for digital-first companies that manage deposits and payments without engaging in lending or operating physical branches. Kidd emphasized that his proposal was theoretical and not linked to any official plan by Ripple. However, he made it clear that the goal is to reshape the financial system by making it more inclusive. This charter could enable companies like Ripple to acquire a form of banking license tailored to their business model, allowing them to provide core financial services without taking on the full regulatory load of traditional banks. Ripple’s Larger Ambitions In another earlier report , Timestabloid highlighted analysis by Stellar Rippler, a well-known crypto commentator, who claimed that Ripple is not just aiming to become a bank; it is preparing to operate at the very foundation of the global financial infrastructure. According to Stellar Rippler, Ripple’s goal is to rival traditional financial institutions, even central banks, by redefining how money moves across borders. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 While this may sound bold, it is grounded in observable developments. Ripple currently provides payment and liquidity solutions in more than 70 countries. Its suite of tools, including RippleNet, On-Demand Liquidity (ODL), and its RLUSD stablecoin, positions it as a critical bridge between traditional finance and blockchain technology. If Ripple does pursue a banking license, it would no longer need to rely on intermediary banks or third-party settlement networks. It could offer direct, real-time, cross-border payments powered entirely by blockchain, something legacy institutions have struggled to achieve. A Strategic Silence? Ripple has not commented on these rumors, but the silence could be strategic. The company remains entangled in its legal battle with the U.S. Securities and Exchange Commission and may be waiting for regulatory clarity before making any significant structural changes. Still, Ripple’s direction is unmistakable. It is no longer just a fintech startup. It is building infrastructure, securing partnerships with central banks, and offering services that resemble, if not already exceeded, those of traditional banking institutions. Whether or not it becomes a licensed bank, Ripple is shaping the future of digital finance. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Rumor: Ripple Will Obtain a Banking License and Transform into a Bank appeared first on Times Tabloid .
