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News

Ripple Taps BNY Mellon to Custody Stablecoin Reserves

The Currency Analytics · 12h
BNY Mellon to Custody Reserves for Ripple’s RLUSD Stablecoin
Ripple picks BNY Mellon to custody reserves for its RLUSD stablecoin, now over $500M in circulation, as it seeks a U.S. trust bank license.
Yahoo Finance · 1d
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.
CNBC on MSN · 1d
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.
1d
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 ...
1d
XRP 'finally breaking out' with 12% rally after Ripple-BNY Mellon deal
Bullish chart setups hint at more upside for XRP, with price targets near $2.87 and possibly $3.72 if momentum holds.

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