virtuals protocol ecosystem project bought a bank for under $20m. 18,000 agents need fiat settlement. banking license takes 5 years and $50m to get from scratch. if $1b flows through those rails at 0.5% fees that's $5m annual revenue just from the bank. agents can't use coinbase for fiat, they need regulated infrastructure. virtuals owns the only bridge. ...

Stablecoin Issuer Paxos Follows Circle and Ripple in Applying for US Banking License► https://t.co/mntbYW7fWt https://t.co/mntbYW7fWt ...

Ripple Follows Circle in Bid for US Banking License► https://t.co/uqgcEDBYWf https://t.co/uqgcEDBYWf ...

NEW: 🚨 Ripple is seeking a U.S. banking license, per WSJ. https://t.co/X5OetUPPG6 ...