XRP Today News: The Federal Reserve (FED) opens the main account system directly to the Central Bank, long positions target 2.77 USD

XRP news today focuses on the historic policy breakthrough by The Federal Reserve (FED). FED member Waller announced the launch of the “Streamlined Master Account” system at the Payments and Innovation Conference, allowing compliance crypto assets companies like Ripple to connect directly to the FED payment system without relying on bank intermediaries. Ripple has applied for a banking license from the OCC, with XRP long positions targeting price levels of $2.65 and $2.77.

The Federal Reserve (FED) Launches “Simplified Master Account” to Open a New Era for Crypto Banking

(Source: X)

Crypto Assets have become key to payment services, with major companies such as Visa, Mastercard, and PayPal integrating Crypto Assets into their operations. With the support of The Federal Reserve (FED), this momentum is continuously strengthening. Especially XRP, which is expected to benefit greatly from these developments. Federal Reserve Board member Waller announced a groundbreaking statement at a payments and innovation conference, revealing a new plan that allows Crypto Assets innovation companies to connect to the Federal Reserve payment system.

A new limited access master account system (referred to as “streamlined master account”) is being launched. This system is designed to provide legitimate and compliant crypto assets projects like Ripple with direct access to the Federal Reserve payment system without relying on intermediaries. This is the most significant regulatory breakthrough in today’s news about XRP, as it fundamentally changes the relationship between crypto companies and the traditional financial system.

According to payment expert Eleanor Terrett's interpretation: “Through this arrangement, they will not be able to use all the services of the full master account, such as borrowing from the Federal Reserve. The key is that every legally qualified entity can access this account without changing the legal qualification rules. Essentially, this new streamlined master account allows the Federal Reserve to greenlight innovative banks, fintech companies, stablecoin issuers, and other payment companies.”

The revolutionary aspect of this policy is that it removes the biggest barrier for crypto companies to enter the Federal Reserve payment system. Traditionally, only licensed banks could hold a Federal Reserve master account, which meant that crypto companies had to access the core payment infrastructure of the U.S. through banking partners. Although the streamlined master account has limited functionality (e.g., it cannot borrow from the Federal Reserve), it allows compliant crypto companies to directly participate in the Fedwire funds transfer system and other key payment services.

For Ripple, this means that its cross-border payment network can be directly connected to the U.S. central bank system, significantly enhancing settlement speed and reducing costs. Currently, Ripple's clients (mainly banks and financial institutions) use XRP as a bridge currency for cross-border transfers, but still need to go through traditional banking systems for final settlement. Once Ripple obtains a streamlined master account, this process can be further simplified, making XRP's role in the global payment network even more critical.

Ripple applies for OCC banking license strategic layout

Ripple has applied to the Office of the Comptroller of the Currency (OCC) to operate as a bank, similar to Circle, the company behind USDC. In addition, the largest compliant crypto exchange in the United States has also applied for a license. This strategy shows that major crypto companies are actively embracing regulation by obtaining traditional financial licenses to expand their business scope and enhance compliance.

OCC is the regulatory agency for national banks and federal savings associations in the United States. Obtaining an OCC license means that Ripple will be subject to the same regulatory standards as traditional banks, including capital adequacy requirements, risk management frameworks, and consumer protection regulations. While this will increase compliance costs and operational complexity, it also brings significant advantages: regulatory certainty, enhanced trust from institutional clients, and eligibility to access The Federal Reserve (FED) payment systems.

Circle's success story provides a template for Ripple. After obtaining a BitLicense in New York and becoming a licensed money transmitter, its USDC stablecoin became the second largest stablecoin by market capitalization, widely used in DeFi, cross-border payments, and corporate financial management. If Ripple successfully obtains an OCC license, XRP may experience similar acceleration in institutional adoption.

The Three Strategic Significances of Ripple's Bank License Application:

Regulatory Compliance: Eliminate the greatest legal uncertainty in the U.S. market to provide confidence for institutional clients.

The Federal Reserve (FED) System Access: Obtain streamlined main account eligibility to directly connect to the U.S. central bank payment network.

Business Expansion: Can provide custody services, stablecoin issuance, and other bank-grade financial products.

Ripple and companies like Anchorage have been working towards this goal. Anchorage Digital is the first cryptocurrency bank to receive approval from OCC, obtaining a national trust bank charter in 2021. Its success demonstrates that crypto companies can operate under strict federal regulation and paves the way for subsequent applicants. Now, with the initiatives from The Federal Reserve (FED), these companies can offer cryptocurrency-based services more freely.

XRP Price Analysis: Feasibility of $2.77 Target

Ripple's position in the payment sector is continuously strengthening, while providing more regulated services and gaining recognition from The Federal Reserve (FED), which is undoubtedly good news for the medium- to long-term development of XRP coin. Currently, the trading price of XRP coin is slightly below $2.5 and has not significantly fluctuated due to Bitcoin price volatility. This relative independence indicates that XRP is establishing its own value narrative and is no longer fully following the overall market trends.

After bouncing back from $2.26, XRP coin has attempted to recover $2.53 for two consecutive days. This price level is the upper boundary of the previous consolidation range and has also been a resistance level where multiple rebounds were hindered. In technical analysis, there is a classic theory of “resistance turning into support”; once $2.53 is effectively broken, that position often transforms into a new support, providing a foundation for subsequent upward movement.

Whether Bitcoin can successfully recover to $110,500 depends on its ability to maintain at $110,500, which may potentially lock in XRP's target price at $2.65 and $2.77. This correlation shows that although XRP has an independent trend, the overall risk appetite in the crypto market will still affect its price performance. If Bitcoin stabilizes at a high level, investors' risk appetite will increase, and more funds may flow into altcoins with strong fundamentals like XRP.

$2.65 is the first medium-term target, as this price level is near the previous high. A breakthrough will open the way to $2.77. $2.77 is a more important psychological barrier and also a new high area that XRP has not yet tested in this bull market. If The Federal Reserve (FED) officially implements the streamlined main account policy and Ripple successfully obtains the OCC license, these fundamental catalysts may drive XRP to break through technical resistance and achieve the target of $2.77 or even higher.

From the perspective of risk-reward ratio, the current price is about $2.5, with approximately 10.8% upside potential to the $2.77 target, while the support at $2.26 is about 9.6% away from the current price. This nearly 1:1 risk-reward ratio is not particularly attractive for short-term trading, but considering the significant implications of the Federal Reserve (FED) policy breakthrough, medium to long-term holders may be willing to take on this risk.

More importantly, the regulatory breakthrough in the XRP news today may trigger a reevaluation of institutional funds. Many institutional investors previously avoided XRP due to regulatory uncertainty, but the green light from The Federal Reserve (FED) and the progress of the OCC license application may allow XRP to re-enter the consideration of institutional allocation. The return of this structural demand is the strongest driving force supporting the long-term price increase of XRP.

Strategic Landscape of the Era of Crypto Banking

XRP today's news marks the official arrival of the era of crypto banking. The Federal Reserve (FED) has launched a streamlined master account system, which not only recognizes Ripple but also strategically supports the entire crypto assets industry. This policy shift reflects the pragmatic attitude of U.S. regulators towards the increasingly important role of crypto assets in the global financial system.

From a macro perspective, the United States is competing with jurisdictions like the European Union, the United Kingdom, and Singapore for leadership in crypto financial innovation. The EU's MiCA regulatory framework has come into effect, providing a clear legal framework for stablecoins and crypto assets service providers. The UK and Singapore are also actively formulating friendly policies to attract crypto companies. The Federal Reserve's streamlined master account policy is a key step for the United States in this global competition.

For XRP holders, this is not only a short-term price catalyst but also a validation of long-term value propositions. Ripple has been committed to making XRP a bridge currency for global interbank settlement since its inception, and today this vision is gradually being realized. As more banks and financial institutions gain direct access to The Federal Reserve (FED) system, the utility of XRP in cross-border payments will significantly increase.