Here’s How High XRP Can Reach if Ripple Gets a Banking License

With Ripple now officially seeking a banking license, what impact could an approval have on XRP price?

Ripple Applies for Banking License

Notably, Ripple keeps pushing deeper into mainstream finance. Yesterday, CEO Brad Garlinghouse announced that Ripple applied for a national bank charter to the Office of the Comptroller of the Currency.

With Ripple already holding a New York Department of Financial Services BitLicense, the company would gain both state and federal supervision if regulators approve the charter. Garlinghouse stressed that Ripple built its reputation on compliance and now wants to raise the trust bar for stablecoins.

He also revealed that through its subsidiary Standard Custody, Ripple further applied with the Federal Reserve for a master account. Importantly, direct Fed access would let Ripple store reserves for its RLUSD stablecoin at the central bank itself.

Possible Impact on XRP and RLUSD

The news triggered a commentary from the popular community analyst “XRP Investing.” He argued that a national bank charter would place Ripple shoulder‑to‑shoulder with banking giants such as JPMorgan, giving RLUSD and XRP greater legitimacy.

He added that a master account would mean bullet‑proof backing for RLUSD, due to direct custody with the Fed. According to him, the combination of OCC regulation, NYDFS oversight, and Fed connectivity would create a stablecoin built for institutions and allow banks to adopt XRP for fast, low‑cost cross‑border payments.

However, the impact of this bullish development on XRP price remains uncertain. So, to gauge how far XRP’s price might climb, we asked ChatGPT for an assessment. Interestingly, the chatbot presented four valuation models to assess how far XRP could go.

ChatGPT Presents the Institutional Utility and RLUSD + Fed Access Models

ChatGPT first highlighted an Institutional Utility Model. In this case, Ripple captures only one‑tenth of SWIFT’s yearly $150 trillion messaging volume by routing payments through XRP.

Due to the fact that crypto settlement turns over funds multiple times a year, the model uses a velocity factor of 25. Notably, under these assumptions, the network would need roughly $600 billion worth of XRP in circulation to serve that flow.

XRP Valuation Model on Institutional Utility | ChatGPT

Meanwhile, ChatGPT assumed that XRP has a circulating supply of 55 billion tokens. With this supply assumption, each XRP token will roughly be worth $10.91. However, this estimate ignores speculative demand, so it stands as a utility‑only baseline.

Next, ChatGPT presented the RLUSD + Fed Access Model, which focuses on stablecoin flows. It assumed RLUSD matches USDC’s 2024 market cap of $32 billion and that XRP bridges half of RLUSD’s on‑chain transfers, about $100 billion a year.

XRP Valuation Model on RLUSD Backing | ChatGPT

With a turnover rate of 20, XRP must supply $5 billion of liquidity. The model then layers a fifteen‑times trust premium because regulators would supervise every link in the chain. Conclusively, the multiplier sends XRP to about $13.65.

Tokenization and NVT Models

Meanwhile, the third model, the Tokenization Market‑Share Model, values XRP’s role in moving tokenized real‑world assets. For context, analysts expect tokenization of bonds, real estate, and other instruments to exceed $16 trillion by 2030.

XRP Valuation Model on Tokenization | ChatGPT

If Ripple captures 3% of this market and XRP sits on‑chain for one‑quarter of it, the token will need to cover $120 billion. Dividing this by circulating supply yields $2.18, but ChatGPT applied a ten‑times institutional and speculation factor as financial firms often prize fully compliant rails. Notably, the adjustment pushes XRP to about $21.80.

Finally, ChatGPT highlighted a Network‑Value‑to‑Transaction (NVT) Model that links market cap directly to expected onchain activity. The chatbot projects daily XRP settlement volumes of $30 billion once banks join Ripple Payments at scale.

NVT XRP Valuation Model | ChatGPT

For context, high‑utility blockchains usually trade at an NVT ratio between 25 and 30. Now, multiplying the midpoint by daily volume produces a total network value near $900 billion. Spread across the current float, each coin approaches $16.36.

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