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BNY Mellon will have custody of Ripple's new stablecoin

The Currency Analytics · 28m

Ripple’s Stablecoin RLUSD Hits $500M Milestone as BNY Mellon Steps In

Ripple stablecoin RLUSD crosses $500M in circulation as BNY Mellon joins as custodian, signaling deeper integration into traditional finance systems.

CNBC on MSN · 3d

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 · 3d

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 Daily Hodl3d

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.

3don 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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