As Ripple actively applies for a U.S. national banking license, XRP is gradually moving towards the core position of the mainstream financial system. In this wave of cryptocurrency compliance and financial integration, LET Mining is providing XRP holders with a new path to release value.

Crypto firm Ripple is applying for a national bank charter in the United States, its CEO Brad Garlinghouse wrote in a social media post on Wednesday, following a similar move by stablecoin giant Circle .

A bank charter has several advantages for the companies, said Jeff Cantwell of Seaport Research Partners, not least of which is fiduciary control of their own assets. Circle, for