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News

Ripple Taps BNY Mellon to Custody Stablecoin Reserves

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.
The Currency Analytics · 3h
BNY Mellon to Custody Reserves for Ripple’s RLUSD Stablecoin
Ripple picks BNY Mellon to custody reserves for its RLUSD stablecoin, now over $500M in circulation, as it seeks a U.S. trust bank license.
Yahoo Finance · 1d
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 Hodl
1d
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.
18h
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 ...

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