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News

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.
The Currency Analytics · 11h
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.
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.
Cryptopolitan on MSN8h
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.
NBC Connecticut2d
BNY Mellon will have custody of Ripple’s new stablecoin as ...
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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