Tag: Fintech

  • Ripple Labs Achieves Top Fintech Status in 2025 and Pursues Banking Innovations

    Ripple Labs Achieves Top Fintech Status in 2025 and Pursues Banking Innovations

    Ripple Labs, a prominent American-based payment company, has once again captured headlines with its latest achievement. The company continues to solidify its position in the financial sector, reaching several significant milestones.

    Top 2025 Fintech Honors Go To Ripple

    Fintech is thriving, and Ripple is at the forefront of this growth. In a recent report, it was revealed that the firm has been officially recognized as one of the top fintech companies globally.

    The 2025 survey, encompassing fintechs of various sizes across seven different market segments, was conducted by CNBC and Statista. Ripple’s inclusion among the top fintech companies marks a major milestone in its evolution from a blockchain-based payment network to a global financial technology leader.

    This distinguished award highlights the firm’s ongoing innovation in enterprise blockchain adoption, cross-border payments, and its expanding impact on the direction of digital finance. The payment company celebrated this notable achievement on social media, stating,

    “We’re honored to be named one of CNBC’s World’s Top Fintech Companies for the third year in a row.”

    The company expressed its appreciation for this recognition, stating that this milestone demonstrates their continued dedication to creating the Internet of Value and revolutionizing global financial transactions.

    A Shift Into The Banking Sector

    This significant milestone coincides with the firm’s strategic move into the banking landscape. Ripple has applied for a national bank charter from the U.S. Office of the Comptroller of the Currency (OCC). If approved, this would place Ripple under both federal and state oversight, setting a new standard for trust in the stablecoin market.

    Additionally, the firm has applied for a Federal Reserve Master account through Standard Custody. This access would allow the team to hold RLUSD reserves directly with the Federal Reserve, adding another layer of security to RLUSD’s trustworthiness.

    The CEO emphasized that building reliable, secure, and proven infrastructure has always been a priority for the company. In a $250 billion-plus market, RLUSD stands out for prioritizing regulation, setting the standard that institutions expect.

    Ripple’s Banking License Application and Blockchain Payments: