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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.

· 2d

Ripple Taps BNY to Custody Stablecoin Reserves as RLUSD Surpasses $500M

The Currency Analytics · 22h

BNY Mellon to Custody Reserves for Ripple’s RLUSD Stablecoin

The Currency Analytics5h

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 ...

BeInCrypto3h

Ripple and Bank of New York Mellon announce partnership involving XRP custody, LET Mining provides cloud mining strategies for holders

Following Ripple’s announcement, LET Mining introduced a cloud mining feature tailored for XRP holders, enabling users to engage with the network and potentially earn passive rewards alongside their ...

Cryptopolitan on MSN7h

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.

2don 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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