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BNY Mellon will have custody of Ripple's new stablecoin

· 21h · on MSN

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.

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Ripple selects BNY to custody Ripple USD reserves

Ripple Taps BNY to Custody Stablecoin Reserves as RLUSD Surpasses $500M

The Daily Hodl12h

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.

2h

XRP Traders Target $6 as Ripple’s RLUSD Surges Past $500M Market Cap

XRP (XRP) is hovering above a key support at $2.34, and traders are betting on a breakout toward $2.65 in the coming weeks. A ...

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