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BNY Mellon will have custody of Ripple's new stablecoin

CNBC on MSN · 19h

XRP rises after Ripple selects BNY Mellon as custodian of firm's new stablecoin: CNBC Crypto World

On today's episode of CNBC Crypto World, Ripple selects Bank of New York Mellon as the primary custodian for the firm’s U.S. dollar-pegged stablecoin reserves. Plus, Swan Bitcoin CIO Ben Werkman explains why bitcoin is quickly becoming a more attractive treasury asset for companies.

Ripple Chooses BNY for Stablecoin Custodian as RLUSD Reaches $500 Million

Ripple’s CEO said the tie-up with BNY Mellon represents how regulatory headwinds are no longer a reality for the XRP-linked firm.

Live Bitcoin News · 17h

Ripple Picks BNY Mellon to Hold RLUSD Stablecoin Reserves

Ripple taps BNY Mellon to hold RLUSD stablecoin reserves, boosting trust and targeting secure cross-border payments for major institutions.

10h

Many see stablecoins soaring to $2T in ‘handful’ of years: Ripple CEO

Ripple’s Brad Garlinghouse says there's belief that stablecoins could explode to $2 trillion while the firm’s RLUSD reaches ...

The Daily Hodl18h

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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