Kraken Financial has been approved for a Federal Reserve master account, likely the first in crypto. This account's significance is equivalent to a ticket for crypto to enter the core network of the U.S. dollar system. Soon after, U.S. banks collectively jumped out to oppose it. From this perspective, it’s already threatening their interests. Previously, crypto companies had to rely on banks as intermediaries to handle dollar transactions, but now they’re gradually breaking through traditional financial barriers. Direct access to the dollar payment and clearing system means no more reliance on banks. With this precedent set, could Ripple be next? Anchorage?