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Ripple taps BNY Mellon, $50 trillion asset manager

The Currency Analytics · 12h

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.

Cryptopolitan on MSN · 1d

Ripple taps BNY Mellon, $50 trillion asset manager for RLUSD reserves custody

Ripple has selected The Bank of New York Mellon (BNY Mellon) as the primary custodian for the reserves backing its Ripple USD (RLUSD) stablecoin. BNY Mellon is the oldest bank in the United States, with $50 trillion in assets under custody According to a company press release published at the start of July,

The Manila Times7h

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 ...

Cryptopolitan52m

XRP Price Prediction: With Global Adoption Surging, $30 May No Longer Be a Fantasy

Whale inflows, a fresh banking push, and record network throughput have traders dusting off the boldest XRP price prediction ...

1d

XRP 'finally breaking out' with 12% rally after Ripple-BNY Mellon deal

Bullish chart setups hint at more upside for XRP, with price targets near $2.87 and possibly $3.72 if momentum holds.

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.

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