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Ripple taps BNY Mellon, $50 trillion asset manager

CNBC on MSN · 2d

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.

The Currency Analytics · 20h

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.

Cryptopolitan on MSN · 2d

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 Currency Analytics3h

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 ...

Cryptopolitan on MSN4h

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.

2d

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.

InvestorsHub on MSN23h

Bank of New York Mellon Stock Hits Record High on Strong Performance and Strategic Moves

Shares of Bank of New York Mellon Corporation (NYSE:BK) climbed to a record high of $93.80, marking a major milestone for the ...

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