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News

Ripple Taps BNY Mellon to Custody Stablecoin Reserves

The Currency Analytics · 6h
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.
CNBC on MSN · 1d
BNY Mellon will have custody of Ripple's new stablecoin as institutional interest in crypto swells
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.
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.
37m
Ripple Partners With Bank Of New York Mellon, XRP Soars - LET Mining Launches New Cloud Mining Strategy For XRP Holders
Driven by this wave of compliance benefits and market enthusiasm, the green cloud mining platform LET Mining responded quickly and launched a new "smart cloud mining strategy" for XRP holders, ...
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.

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