Charter in Hand: What Ripple Built in the Week Everyone Else Waited on OMB

Ripple shipped a federal charter on Monday, paired with BNY and Robinhood on Tuesday, and landed Coinbase alongside a $900 million run rate on Wednesday — release after release timed to open Swell in New York. The interesting part is not the volume. It is the direction of travel: this is the 87-Day Squeeze running in reverse — the worked example of what an issuer with a charter in hand builds during the exact week new entrants are still waiting on OMB. Monday was the charter.