Ripple Won’t Get Fed Master Account, Says Caitlin Long
Caitlin Long, the CEO of Wyoming-chartered Custodia Bank, delivered a stark evaluation of crypto’s path to the Federal Reserve’s rails, arguing that companies working below belief charters—together with Ripple—is not going to be granted direct entry to the Fed’s fee system except they develop into true depository establishments. “Stablecoin issuers usually are not legally depository…
