Ripple bank charter approval is expected within 48 hours as the Office of the Comptroller of the Currency concludes its 120-day review of Ripple National Trust Bank. The October 30, 2025 deadline marks a critical moment for XRP price prediction, and the OCC charter update could potentially trigger significant market movements while also positioning XRP as a direct SWIFT competitor.
Ripple Bank Charter & ETF Decision May Trigger XRP Price Rally
Ripple Bank Charter Approval Timeline and Leadership
The Ripple National Trust Bank application was actually filed on June 30, 2025, along with documents that were signed by Chief Legal Officer Stuart Alderoty and also Institutional Strategy head Timothy Keaney. Right now, the leadership structure includes John McDonald as President, and John Zavaglia will serve as Chief Operating & Trust Officer at the proposed bank location in New York.
Crypto analyst Xaif stated:
“Ripple’s 120-day review for its National Bank license ends in 2 days.”
The OCC charter update has been monitored closely by XRP holders, as the Ripple bank charter approval could validate the company’s regulatory approach.
XRP Price Prediction Following Charter Decision
The XRP ETF decision, which is being considered alongside Ripple bank charter approval, actually presents dual catalysts for potential price movement. Some analysts believe the Ripple National Trust structure would provide regulated pathways for institutions to custody digital assets and even process cross-border settlements more efficiently.
At the time of writing, market participants are weighing different scenarios around the OCC charter update. The XRP price prediction models factor in potential approval, which could accelerate institutional partnerships with major banks looking for compliance-assured blockchain solutions.
Also Read: Ripple (XRP) Could Skyrocket This November, Here’s the Target Analysts See
Ripple National Trust as SWIFT Alternative
Ripple bank charter approval would enable the company to compete directly with SWIFT’s payment infrastructure. We’ve all been waiting for this! The approval could position Ripple National Trust as an alternative combining regulatory compliance along with blockchain efficiency.
Xaif had this to say:
“Banks don’t need SWIFT anymore the future is Ripple + XRP. With ISO 20022 integration, XRP can settle massive transactions instantly.”
Some industry analysis shows substantial cost advantages. A $1 million transaction through traditional banking channels costs around $1,000 in fees. The same transaction processed via Ripple’s network actually costs less than $10. Even with Ripple’s margins, total costs stay around $200.
The XRP ETF decision timeline also aligns with this critical period, which could amplify the overall impact on market positioning.
Also Read: Multi-Millionaire Tells XRP Investors: I Told You So, Price Rising
The 48-hour window creates urgency right now. The intersection of Ripple bank charter approval and the XRP ETF decision could redefine how institutions access XRP.