Fed’s ‘Skinny Master Account’ Proposal Could Benefit Ripple’s RLUSD and XRP Integration
The Federal Reserve’s new proposal for a “skinny grasp account” might reshape how fintechs, stablecoin issuers, and crypto-focused banks entry the US monetary system — with Ripple standing to learn considerably.
Governor Chris Waller introduced the plan on the Fed’s Payments Innovation Conference. He launched a limited-access account that can permit all legally eligible corporations to attach on to the Fed’s fee rails.
Ripple Can Plug Directly into the US Payments System
The Fed’s fee rails are the spine of the US banking system. They transfer cash between monetary establishments immediately, powering providers like wire transfers and clearing settlements.
Today, solely chartered banks can use these rails instantly. The newest announcement would give fintechs and blockchain corporations real-time settlement entry with out counting on associate banks.
Ripple, which has utilized for a Fed grasp account earlier this yr, might see this as a serious breakthrough.
The firm has lengthy aimed to bridge blockchain settlements with conventional monetary infrastructure, most just lately by its RLUSD stablecoin and enterprise liquidity community.
Unlike a full grasp account, the “skinny” model wouldn’t grant privileges like borrowing from the Fed or incomes curiosity on reserves.
However, it will provide critical payment capabilities — the identical rails business banks use for home transfers.
Ripple Continues To Expand Institutional Operations
This growth comes as Ripple expands its institutional footprint.
In mid-October, Ripple announced a $1 billion acquisition of GTreasury, a worldwide treasury administration platform serving over 1,000 enterprise purchasers.
Moreover, the deal positions Ripple to embed blockchain liquidity options inside company treasury programs, complementing its efforts to safe regulatory entry to fee infrastructure.
Ripple also backed Evernorth, a newly listed entity looking for over $1 billion to carry and deploy XRP as an institutional liquidity asset.
The initiative coincides with RLUSD’s rise toward a $1 billion market capitalization, signaling rising use of Ripple’s ecosystem for real-world settlements.
If adopted, the Fed’s limited-access grasp account framework might present the regulatory bridge Ripple has sought since its courtroom battles with the SEC.
It would permit legally acknowledged entities like Ripple to plug RLUSD and XRP liquidity instantly into US fee networks, decreasing reliance on intermediaries.
Such entry might validate compliant blockchain-based fee fashions and speed up stablecoin integration into enterprise finance.
It might also strengthen Ripple’s case for treating RLUSD as a fee instrument.
For the Fed, the proposal displays a cautious openness towards innovation. It expands entry to core fee infrastructure whereas limiting financial instruments and danger publicity.
For Ripple and different regulated digital asset corporations, it might mark the closest step but towards working alongside conventional banks on equal settlement phrases.
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