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Ripple Taps BNY Mellon to Custody Stablecoin Reserves

CNBC on MSN · 2d

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 · 2d

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 Currency Analytics · 17h

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.

The Currency Analytics56m

Ripple CEO Predicts Stablecoin Market Could Hit $2 Trillion Within Years

Ripple CEO says stablecoins may hit $2T soon. RLUSD hits $500M, backed by BNY Mellon, as Ripple aims for full U.S. compliance ...

Cryptopolitan on MSN2h

Ripple wraps up drought insurance pilot in Kenya, issues women RLUSD

Ripple concludes blockchain-based drought insurance pilot in Kenya, insuring 517 pastoralists using RLUSD stablecoin.

The Manila Times12h

Ripple partners with Bank of New York Mellon, XRP soars - LET Mining launches new cloud mining strategy for XRP holders

Driven by this wave of compliance benefits and market enthusiasm, the green cloud mining platform LET Mining responded ...

The Daily Hodl1d

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.

18hon MSN

Ripple CEO predicts trillions will flow into exploding stablecoin market

Ripple CEO said many people think the stablecoin market will reach $1 trillion to $2 trillion in a handful of years.

1don 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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