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News

Ripple Taps BNY Mellon to Custody Stablecoin Reserves

CNBC on MSN · 13h
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.
American Banker · 3h
BNY to take over custody of Ripple's stablecoin reserves
One of the oldest U.S. banks is taking on custody of RLUSD, as stablecoins continue their perceived march toward general acceptance.
Yahoo Finance · 13h
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.
The Daily Hodl
4h
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.
8hon 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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