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News

BNY Mellon will have custody of Ripple's new stablecoin

CNBC on MSN · 2d
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.
Crypto News Flash · 1h
Ripple’s $500M RLUSD Finds Safe Harbor in BNY Mellon—Gateway to Institutional Adoption?
Ripple has teamed up with financial giant BNY Mellon to provide institutional-grade custody for its rapidly growing USD-pegged stablecoin, RLUSD.
The Currency Analytics · 14h
XRP Surges as Ripple Picks BNY Mellon to Custody $500M Stablecoin Reserves
Ripple CEO urges U.S. lawmakers to clarify XRP regulation as BNY Mellon joins Ripple to custody RLUSD stablecoin reserves for institutional clients.
BeInCrypto
8h
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 ...
The Daily Hodl
2d
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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