November 25, 2025 | 01:16Teucrium Trading CEO Sal Gilbertie has positioned Ripple as a formidable competitor to banking giants JPMorgan Chase and global payment network SWIFT. He emphasized that Ripple’s potential banking license would enable it to operate with the capitalization and discipline of top-tier financial institutions. This endorsement signals growing institutional recognition for XRP’s role in transforming cross-border payments.
about Ripple CEO Backs XRP as JPMorgan, SWIFT RivalOffice of the Comptroller of the Currency
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Sony Bank’s Stablecoin Charter Bid Sparks Banking Industry Clash
The Independent Community Bankers of America is urging federal regulators to block Sony Bank’s application for a national trust charter to issue stablecoins, warning that the Japanese financial giant is exploiting regulatory loopholes to bypass traditional banking oversight. The banking group’s opposition has sparked accusations of protectionism from crypto advocates, who argue that stablecoins can serve unbanked populations and reduce reliance on traditional banks, setting the stage for a pivotal regulatory battle as the stablecoin market surges past $311 billion.
about Sony Bank's Stablecoin Charter Bid Sparks Banking Industry ClashSoFi Bank Launches Crypto Trading, Plans Stablecoin
SoFi Technologies has made financial history by becoming the first nationally chartered US bank to launch cryptocurrency trading services directly to consumers. CEO Anthony Noto revealed ambitious plans for a SoFi USD stablecoin while describing blockchain technology as a transformative “super cycle” opportunity, signaling a major convergence between traditional banking and digital assets following recent regulatory clarity from the Office of the Comptroller of the Currency.
about SoFi Bank Launches Crypto Trading, Plans StablecoinSoFi Relaunches Crypto Trading for Banking Customers
SoFi has made a strategic return to cryptocurrency trading with the launch of SoFi Crypto, enabling users to trade digital assets like Bitcoin, Ethereum, and Solana directly through their existing banking accounts. This move marks the publicly traded financial services company’s reentry into the crypto space after discontinuing services in 2023, now allowing customers to purchase cryptocurrencies using funds from FDIC-insured checking or savings accounts without requiring separate accounts. CEO Anthony Noto described this integration as a pivotal moment where traditional banking meets cryptocurrency, reflecting growing consumer preference for regulated institutions in the digital asset space.
about SoFi Relaunches Crypto Trading for Banking CustomersBanks Fight Coinbase’s Bid for Federal Trust Charter
Major banking associations are intensifying their opposition to Coinbase’s application for a national trust bank charter, revealing deep tensions between traditional financial institutions and cryptocurrency firms seeking regulated status. The Independent Community Bankers of America and Bank Policy Institute have formally urged the Office of the Comptroller of the Currency to block Coinbase’s bid, citing systemic risks and legal concerns. Coinbase Chief Legal Officer Paul Grewal has countered that banks are engaging in protectionism disguised as consumer protection, preferring crypto remain unregulated to avoid competition.
about Banks Fight Coinbase's Bid for Federal Trust CharterPaxos Mistakenly Mints $300T in PYUSD Tokens
Paxos accidentally created 300 trillion PYUSD tokens worth $300 trillion—more than twice global GDP—due to a manual operational error before burning them within 24 minutes, in what the company called an “internal technical error” that never left its systems. The incident comes at a critical juncture as Paxos seeks federal banking authority through a national trust charter from the Office of the Comptroller of the Currency under the GENIUS Act, with critics questioning whether the company should receive such authority after the monumental blunder. CEO Charles Cascarilla attempted to frame the episode as evidence of blockchain transparency rather than system failure, though the timing raises serious questions about the company’s operational controls.
about Paxos Mistakenly Mints $300T in PYUSD TokensOCC Chief Dismisses Stablecoin Bank Run Fears
The top U.S. banking regulator has moved to calm industry nerves about stablecoins triggering sudden deposit crises, with Office of the Comptroller of the Currency Chief Jonathan Gould assuring community banks that any material deposit impact would occur gradually and visibly. His reassurances at the American Bankers Association convention come as banking groups intensify pressure on Congress to close regulatory loopholes in the newly enacted GENIUS Act, while the stablecoin market surges from $205 billion to over $302 billion this year.
about OCC Chief Dismisses Stablecoin Bank Run FearsErebor Wins Federal Crypto Bank Charter, Second After Anchorage
Erebor has become only the second crypto-focused bank to receive a conditional federal charter from the Office of the Comptroller of the Currency, positioning the Silicon Valley-backed institution to compete in the rapidly growing stablecoin market following the GENIUS Act’s passage. This milestone, achieved in just four months despite industry predictions of an 18-month approval process, signals accelerating institutional adoption of digital assets under the Trump administration and sets the stage for a major shift in the $312 billion stablecoin sector.
about Erebor Wins Federal Crypto Bank Charter, Second After AnchorageSony Bank Files for US Stablecoin Banking Charter
Sony Bank’s subsidiary Connectia Trust has filed for a national banking charter with the Office of the Comptroller of the Currency, positioning the financial arm of the Japanese conglomerate to issue dollar-pegged stablecoins and provide digital asset services. This strategic move places Sony alongside major financial and technology firms like Stripe, Coinbase, and Circle in the race for regulatory approval as institutional interest in stablecoin issuance and digital asset management reaches new heights amid favorable regulatory developments.
about Sony Bank Files for US Stablecoin Banking CharterErebor Gets US Bank Charter for Digital Assets Post-SVB
Erebor, the financial services company backed by billionaire Peter Thiel, has received preliminary banking charter approval from U.S. regulators, marking one of the most significant regulatory endorsements for digital assets since the 2023 regional banking crisis. The approval from the Office of the Comptroller of the Currency positions Erebor to potentially fill the void left by Silicon Valley Bank’s collapse, signaling growing acceptance of cryptocurrency activities within the traditional banking system.
about Erebor Gets US Bank Charter for Digital Assets Post-SVB