As Ripple actively applies for a U.S. national banking license, XRP is gradually moving towards the core position of the mainstream financial system. In this wave of cryptocurrency compliance and financial integration, LET Mining is providing XRP holders with a new path to release value.

Blockchain tech and crypto payments company Ripple applied for a banking license from the U.S. Office of the Comptroller of the Currency (OCC) on July 2, the Wall Street Journal reported. This is a developing story. Please keep refreshing for updates.

According to the Wall Street Journal (WSJ), Ripple joins other institutions seeking to bridge the gap between cryptocurrencies and mainstream finance. Ripple is the issuer of RLUSD, a US Dollar (USD) backed stablecoin valued at $469 million.