Ripple has unveiled a comprehensive institutional financial platform that integrates trading, custody, and payments, utilizing XRP and its stablecoin RLUSD. The platform, which includes Ripple Prime, Ripple Custody, and Ripple Payments, offers a closed-loop system designed for near-instant settlements and efficient liquidity management. Despite not having a bank charter, Ripple is actively seeking a national bank charter and a Federal Reserve Master Account to enhance its regulatory compliance and institutional credibility.