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Ripple Taps BNY Mellon to Custody Stablecoin Reserves

· 2d · on MSN

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.

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The Currency Analytics · 20h

BNY Mellon to Custody Reserves for Ripple’s RLUSD Stablecoin

AMBCrypto · 10h

Ripple taps BNY to custody stablecoin reserves as RLUSD surpasses $500M

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 ...

The Manila Times15h

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 ...

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.

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