Ripple CLO Sees ‘Skinny’ Fed Account As Solution To Banking Concerns, Touts Benefits

Bitcoinist•Friday, November 7, 2025 at 7:00:00 AM

Ripple's chief legal officer, Stuart Alderoty, has voiced support for a 'skinny' Federal Reserve payments account designed for non-banking entities. This innovative approach could alleviate traditional banks' concerns regarding financial stability and competition. By advocating for this tailored account, Ripple aims to enhance the financial ecosystem, making it more inclusive and efficient. This development is significant as it highlights the potential for blockchain technology to reshape banking practices and foster collaboration between traditional and digital finance.

— via World Pulse Now AI Editorial System

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