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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 · 49m

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.

MarketWatch · 1d

Bank of New York Mellon Selected as Primary Custodian of Ripple USD Reserves

Bank of New York Mellon has been selected to be the primary custodian of Ripple USD reserves. Ripple, a San Francisco-based digital asset-infrastructure company, said Wednesday that it has selected the New York financial-services firm to serve as the primary reserve custodian of RLUSD, a dollar-backed stablecoin that Ripple manages.

Growth in NII, Fee Income to Support BNY Mellon's Q2 Earnings

The company’s quarterly revenues and earnings are expected to have increased on a year-over-year basis. In the last reported ...

Zacks.com on MSN6h

Ahead of The Bank of New York Mellon (BK) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Beyond analysts' top-and-bottom-line estimates for The Bank of New York Mellon (BK), evaluate projections for some of its key metrics to gain a better insight into how the business might have ...

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 ...

InsuranceNewsNet11h

Bank of New York Mellon Corp Raises Stake in WESCO International, Inc. (NYSE:WCC)

Bank of New York Mellon Corp lifted its position in WESCO International, Inc. (NYSE:WCC - Free Report) by 88.2% in the first ...

Crowdfund Insider1d

Global Fintech Platform iCapital Forms Alliance with BNY

BNY, a global financial services company, and iCapital, the global fintech platform shaping the future of investing, ...

Zacks.com on MSN2d

BNY Mellon Stock Touches All-Time High: Should You Still Invest?

BK stock hits a record high, fueled by global expansion, strong capital returns and rising net interest income.

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