Wall Street Battles Ripple and Circle’s Bank Charter Bids
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Wall Street Battles Ripple and Circle’s Bank Charter Bids

August 7, 2025
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As crypto giants Ripple and Circle push deeper into the financial mainstream with applications for U.S. national trust bank charters, a formidable alliance of traditional banking groups is pushing back. The move by these stablecoin issuers to become officially recognised custodians of their reserves has sparked concern among Wall Street

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