Regulation· ★★★★· bullish·

Morning roundup, Oct 27: Ripple wins trust bank charter, OCC urges banks to issue stablecoins

  • —Ripple is the second crypto firm after Circle to win final OCC trust bank approval
  • —OCC invited local banks to seek stablecoin issuer status under GENIUS Act rules
  • —RedotPay, with 8 million users, targets a $4–5 billion valuation ahead of IPO
  • —24-hour liquidations: $75.4 million longs against $67.44 million shorts
Why it matters: Bringing banks and Ripple into stablecoins intensifies competition with crypto firms in the $300 billion market.
#BTC#ETH#XRP
Source: BeInCrypto RU
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