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News

BNY Mellon will have custody of Ripple's new stablecoin

CNBC on MSN · 16h
BNY Mellon will have custody of Ripple's new stablecoin as institutional interest in crypto swells
The partnership should enhance regulatory compliance for Ripple, the issuer of ripple USD (RLUSD), and boost institutional credibility for the company as well as the fast-growing stablecoin industry.
Yahoo Finance · 16h
Ripple Taps BNY to Custody Stablecoin Reserves as RLUSD Surpasses $500M
The move follows Ripple's application for a national banking license and a Federal Reserve master account to further integrate with the U.S. financial system.
Decrypt · 12h
Ripple Chooses BNY for Stablecoin Custodian as RLUSD Reaches $500 Million
Ripple’s CEO said the tie-up with BNY Mellon represents how regulatory headwinds are no longer a reality for the XRP-linked firm.
The Daily Hodl
7h
Ripple Partners With BNY Mellon As CEO Brad Garlinghouse Predicts ‘a Lot of Growth’ for Crypto Industry
Ripple has announced it will be working with banking giant BNY Mellon to custody its proprietary stablecoin, RLUSD.
11hon MSN
One early winner of the stablecoin craze is Alexander Hamilton's 241-year-old bank
The Bank of New York Mellon, a financial institution started in 1784 by an American founding father, is emerging as one of ...

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