“Ripple is becoming a competitor for JPMorgan”

tkudonnell
27.11.2025
Markets

For Ripple Labs, 2025 is going perfectly: the final settlement of the SEC lawsuit, several successful multi-billion dollar acquisitions, and the launch of the first XRP Spot ETFs. But according to Teucrium Trading CEO Sal Gilbertie, the crypto giant could soon reach a whole new level.
In a conversation with market expert Paul Barron, Gilbertie argued that regulatory clarity in the US and a formal banking license for Ripple could unleash enormous institutional liquidity. XRP would then grow into a key treasury and settlement asset.
“Once they get their banking license, they’re literally going to build a competitor for JPMorgan. They’ll have incredible capital at their disposal,” Gilbertie said. He added, “I just think Ripple is a machine. It’s a very disciplined team… creative people working together as a team.”
This step is so important because XRP, with its banking license, access to payment networks and custody options, could also serve as a capital reserve or liquidity instrument, and no longer just as a digital asset for cross-border transfers.
At the time of writing, Ripple Coin is trading at $2.19, representing a 0.2 percent increase from the previous day. XRP recently benefited from net inflows into new spot ETFs from Canary, Bitwise, Grayscale, and Franklin.
Teucrium Trading is a US-based issuer and sponsor of ETPs, focusing primarily on agricultural commodities and increasingly on digital assets. Among its offerings is a 2x Long Daily XRP ETF.
Back in the summer, Ripple Labs applied to US regulators for a national banking license. If approved, it would be one of the first crypto companies ever to hold a US banking license.

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