Ripple President Monica Long is making a direct case for a banking charter. According to cryptodylnews on X, Long stated that a banking charter could make it easier to partner with banks and improve global payments powered by the XRP Ledger. The remarks come as Ripple rolls out what it calls a one-stop payments infrastructure for both fiat and digital money movement.
The company now operates across more than 60 major markets. Its payments platform has crossed $100 billion in processed volume, with fintechs and financial institutions in the Americas, Europe, and Asia-Pacific tapping the network for cross-border flows.
Fintechs Are Already Moving Real Money
Ripple’s platform now lets businesses collect, hold, exchange, and pay out in both fiat and stablecoins from a single interface. That shift came after Ripple brought in Palisade for custody and treasury automation, and Rail for virtual accounts. Corpay, a global business payments firm, is already using Ripple’s managed custody and liquidity tools to fund and settle positions across Asia-Pacific with RLUSD, cutting out costly pre-funding entirely.
AMINA Bank, a FINMA-regulated Swiss institution, became the first European bank to adopt Ripple Payments. It uses the infrastructure to run near real-time cross-border flows for institutional and crypto-native clients. AltPayNet in the Philippines is using Ripple to handle outbound B2B payments across EUR, AED, CAD, THB and other currencies.
Global stablecoin transaction volumes hit $33 trillion annually last year. Stablecoins now make up 30% of all onchain transaction volume.
The Charter Question and What It Changes
A banking charter is not a minor regulatory footnote here. As Long noted on X, it directly affects how Ripple can structure its relationships with banks. Ripple already holds over 75 global licenses and a New York Department of Financial Services Trust Company Charter. That base lets it move money on behalf of customers and work alongside regulated financial institutions.
“For the global financial system to evolve, fintechs and financial institutions need infrastructure that treats digital assets with the same rigor as traditional finance,” Long said in an official statement.
Ripple recently received conditional approval from the OCC to charter the Ripple National Trust Bank. In her 2026 predictions published on Ripple’s site, Long wrote that the company is not just following compliance rules but setting the precedent for how institutions should operate in this space.
B2B stablecoin payments hit an annualized run-rate of $76 billion last year, up from under $100 million per month in early 2023. That figure is central to why Ripple is betting on enterprise infrastructure rather than retail adoption as its growth engine.
