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News

BNY Mellon will have custody of Ripple's new stablecoin

CNBC on MSN · 1d
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.
Decrypt · 22h
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.
FintechNewsSG · 6h
BNY Mellon to Serve as Custodian for Ripple’s RLUSD Stablecoin Reserves
Ripple has named BNY Mellon as the primary custodian for the reserves backing Ripple USD (RLUSD), its enterprise-focused stablecoin.
8h
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 Hodl
17h
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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