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News

Ripple taps BNY Mellon, $50 trillion asset manager

The Currency Analytics · 15h
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.
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.
Cryptopolitan on MSN · 1d
Ripple taps BNY Mellon, $50 trillion asset manager for RLUSD reserves custody
Ripple has selected The Bank of New York Mellon (BNY Mellon) as the primary custodian for the reserves backing its Ripple USD (RLUSD) stablecoin. BNY Mellon is the oldest bank in the United States, with $50 trillion in assets under custody According to a company press release published at the start of July,
Cryptopolitan on MSN31m
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 Hodl
1d
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.

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