Ripple has taken a significant step by applying for a national bank charter with the Office of the Comptroller of the Currency (OCC), standing out in the cryptocurrency space. Previously, the company secured a state-level license from New York’s Department of Financial Services (NYDFS).

If approved for the bank charter, Ripple would emerge as the sole stablecoin under both federal and state supervision, elevating the credibility of its stablecoin, $RLUSD.

This initiative, as confirmed by Ripple’s CEO Brad Garlinghouse via X, comes shortly after Circle, the issuer of USDC, revealed its own move to apply for a bank charter with the OCC.

Currently, $USDC ranks as the second largest stablecoin, boasting a market capitalization of $61 billion. Conversely, $RLUSD accounts for a modest market cap of $469 million.

This discussion will explore the potential implications for the broader cryptocurrency landscape and suggest some exciting presales to consider investing in.

Ripple’s Application for a Fed Master Account

In conjunction with its bid for a national bank charter, Ripple has also sought a Fed master account through Standard Custody & Trust Company.

No stablecoin issuer has yet secured a Fed master account. Achieving this could signal a substantial victory for $RLUSD.

With a Fed master account, Ripple would be able to store reserves securely at the Federal Reserve instead of relying on third-party financial instruments, enhancing safety and trust.

A Fed master account could act as a strong endorsement of regulatory confidence in the stablecoin, motivating more financial institutions to adopt $RLUSD as their primary stablecoin choice.

Ripple’s pursuit of a national bank charter may spark a trend that drives other stablecoin issuers toward securing similar regulatory approvals.

This shift could create opportunities for innovative altcoins with real-world applications to thrive. Here are some top trending cryptocurrencies worth considering for investment.

1. Snorter Token ($SNORT) – A Must-Have for Meme Coin Enthusiasts

If meme coin trading excites you, the Snorter Telegram bot could be your new best friend.

Supported by the Snorter Token ($SNORT), this bot enables rapid snipe trading of newly liquid tokens on the Solana blockchain, making it an excellent option for traders.

Holding $SNORT not only provides access to a favorable trading fee of 0.85% but also offers a competitive edge over the typical 1.5% fee structure.

Moreover, Snorter incorporates MEV-resistant layers, tackling issues like sandwich attacks, rug pulls, and honeypots to ensure a secure trading environment.

With a total supply of 500 million tokens, 25% has been allocated for project development, indicating a commitment to long-term growth and innovation.

The bot also plans to expand to other blockchains, along with introducing a centralized dashboard to monitor your entire crypto portfolio seamlessly.

Currently valued at $0.0973, the $SNORT token has successfully raised $1.5 million, with price projections suggesting it could reach $1.02 by 2025—a staggering 1,000% increase.

2. Bitcoin Hyper ($HYPER) – Pioneering Bitcoin Layer-2 Scalability for Faster Transactions

Bitcoin remains the most dominant cryptocurrency globally.

However, its growing congestion has led to slow transaction speeds, and it struggles with compatibility for decentralized applications.

This is where Bitcoin Hyper ($HYPER) steps in, acting as a groundbreaking Layer 2 solution for Bitcoin. A canonical bridge allows users to easily convert regular Bitcoin into wrapped Bitcoin.

This wrapped Bitcoin facilitates staking, NFT engagement, DeFi activities, blockchain gaming, and more. Transitioning back to real Bitcoin can be achieved seamlessly through the same bridge.

This efficient conversion process leverages the Solana Virtual Machine (SVM) to enhance transaction speed and minimize fees.

Each $HYPER token is currently priced at $0.012125, with a total of $1.8 million raised so far. Predictions indicate a potential rise to $0.08625 by 2026, potentially yielding a seven-fold return.

3. Lightchain AI ($LCAI) – Revolutionizing Blockchain Through Artificial Intelligence

Lightchain AI merges artificial intelligence with blockchain technology.

By architecting decentralized, intelligent blockchains, Lightchain aims to harness AI’s capabilities effectively.

Combining state-of-the-art technologies like consensus mechanisms, Artificial Intelligence Virtual Machine (AIVM), and Proof of Intelligence (PoI) underpins this ambitious vision.

Owning $LCAI tokens grants you access to cutting-edge AI technology enhancements, privacy solutions, and priority processing benefits within the Lightchain ecosystem. Additionally, it provides voting rights in DAO governance.

Currently offered at just $0.007125 per token, the project has raised an impressive $21 million and is on track to transform blockchain technology.

Conclusion

The moves by Ripple and Circle toward regulatory approvals represent a significant stride in legitimizing digital assets.

This momentum may particularly benefit emerging, high-potential tokens like Snorter Token ($SNORT) and Bitcoin Hyper ($HYPER), which may provide substantial returns.

As always, investing in cryptocurrencies carries risk, so thorough research is essential before making any financial commitments. This article does not constitute financial advice.