President Donald Trump recently signed an executive order directing the Federal Reserve to review granting crypto firms direct access to United States payment rails. This historic pivot could completely redefine the utility and institutional adoption of XRP (CRYPTO: $XRP), the digital asset tied to Ripple.

Historically, fintech firms have been locked out of central banking services, relying entirely on traditional third-party banking intermediaries to settle transactions. Under the new review period, regulators will evaluate giving major players like Coinbase Global Inc. (NASDAQ: $COIN), Circle Internet Group (NYSE: $CRCL), and Ripple direct access to Federal Reserve master accounts.

With Kraken Financial already securing…