cryptocurrencies It is at an extremely important point in payment services and all giants are preparing for it. Visa, Mastercard, banks, PayPal, Stripe and others are looking for ways to integrate crypto into their businesses. Many have moved beyond search and begun to integrate. But there will be more. And with the support of the Fed. Ripple 
$2.41 will benefit greatly from this.
Fed and Ripple
To act like a bank Ripple’s We announced that he had applied to the OCC. of USDC Circle, the company behind it, also did this. We recently shared with you that Coinbase exchange has applied for a license. Something big happened today, at the payments and innovation conference, Fed member Waller talked about something new for crypto innovation companies to access the Fed’s payment systems.
Some sort of “new” limited-access master account system is coming so that all legally eligible crypto startups can gain direct access to the Fed’s payment systems. This is called skinny master account. This means that “crypto companies (e.g. payment infrastructure providers such as Ripple)” will not be dependent on banks.
“With this regulation, they will not have access to all the services of the full main account, such as borrowing from the Fed. The important thing is that any legally eligible institution can get this account, and the legal rules for compliance remain unchanged. Essentially, this new main account lite will enable the Fed to give the green light to innovative banks, including fintechs, stablecoin issuers, and other payment companies.” –Eleanor Terrett
Kraken, Ripple, Anchorage and others were pushing for this. Now, with the Fed taking action, these companies will be able to act much more easily for their crypto-based services.
XRP Coin Review
Ripple’s strengthening in the field of payment, providing more regulated services and being recognized by the Fed in the medium and long term XRP Coin Great for. For now, XRP Coin continues the day just below $2.5 and has not experienced any significant gains due to the BTC price volatility.
XRP Coin, which has recovered from $ 2.26, has been trying to get back $ 2.53 for two days. It hasn’t made it yet, but it is possible if BTC can maintain $110,500. Then, $2.65 and $2.77 will be targeted.
