Ripple’s Bank Approval Leaves XRP On The Sidelines?

XRP funds recorded a $3.61 million net outflow on the day Ripple reportedly secured final approval for its national trust bank. That disconnect anchors a video by crypto commentator Dana Love, who argues the charter primarily advances Ripple’s stablecoin business—not immediate demand for XRP. Love puts XRP near $1.29 on the reported October 26 approval date and around $1.32 two days later. Over the preceding 30 days, the token had fallen 14.74%, despite a flurry of Ripple announcements around its Swell conference.