bny mellon stablecoin

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Ripple Taps BNY Mellon to Custody Stablecoin Reserves

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 · 4h

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.

The Currency Analytics1h

Ripple CEO Predicts Stablecoin Market Could Hit $2 Trillion Within Years

Ripple CEO says stablecoins may hit $2T soon. RLUSD hits $500M, backed by BNY Mellon, as Ripple aims for full U.S. compliance ...

Cryptopolitan on MSN2h

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 Hodl1d

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.

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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