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Ripple Taps BNY Mellon to Custody Stablecoin Reserves
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Ripple has announced it will be working with banking giant BNY Mellon to custody its proprietary stablecoin, RLUSD.
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BNY Mellon will be the primary custodian for the Ripple’s U.S. dollar-pegged stablecoin reserves going forward, the two companies jointly announced Wednesday.
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