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BNY Mellon will have custody of Ripple's new stablecoin

Crypto News Flash · 25m

Ripple’s $500M RLUSD Finds Safe Harbor in BNY Mellon—Gateway to Institutional Adoption?

Ripple has teamed up with financial giant BNY Mellon to provide institutional-grade custody for its rapidly growing USD-pegged stablecoin, RLUSD.

CNBC on MSN · 2d

BNY Mellon will have custody of Ripple's new stablecoin as institutional interest in crypto swells

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.

The Currency Analytics · 13h

XRP Surges as Ripple Picks BNY Mellon to Custody $500M Stablecoin Reserves

Ripple CEO urges U.S. lawmakers to clarify XRP regulation as BNY Mellon joins Ripple to custody RLUSD stablecoin reserves for institutional clients.

Cryptopolitan on MSN11h

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 Daily Hodl2d

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.

InvestorsHub on MSN1d

Bank of New York Mellon Stock Hits Record High on Strong Performance and Strategic Moves

Shares of Bank of New York Mellon Corporation (NYSE:BK) climbed to a record high of $93.80, marking a major milestone for the ...

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