Over the past few days, there’s been a lot of chatter online on crypto Twitter about Ripple possibly securing a U.S. banking license. Some even went as far as to call it a done deal.
The buzz started after a video clip from XRP Las Vegas 2025 made the rounds. In the video, journalist Eleanor Terrett talks about the idea of Ripple becoming a bank. The discussion touches on how payments on the XRP Ledger are almost free, and how banking, like access to clean air, should be universal.
That message caught on quickly. People started speculating that Ripple might actually be applying for a U.S. banking license soon. But when you look closer, it’s all based on ideas, not facts. Ripple hasn’t released any official statement or roadmap confirming such plans.
Adding more fuel to the fire was Greg Kidd, a former U.S. congressional candidate and early Ripple investor. He spoke at the same event about a new kind of bank charter for digital-first companies.
According to Kidd, this would allow companies like Ripple to operate like banks, without physical branches or lending services. He was clear, though: he’s not representing Ripple, and the charter is still in the works.
Still, it’s easy to see why people are excited. Ripple has been growing its presence in traditional finance, joining the American Bankers Association as a Platinum Member last year. Its CEO, Brad Garlinghouse, has repeatedly said Ripple isn’t here to replace banks, but to work with them, and fix what’s broken in cross-border payments.
So, is Ripple really becoming a bank?
Maybe. But right now, it’s all talk. Until Ripple speaks up directly, everything floating around online is just speculation.
For now, this remains an open question, not a confirmed headline.
Also Read: Amazon Is Going to Adopt Ripple’s XRP for Payments?
