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News

BNY Mellon will have custody of Ripple's new stablecoin

CNBC on MSN · 3d
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 · 1d
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.
Decrypt · 3d
Ripple Chooses BNY for Stablecoin Custodian as RLUSD Reaches $500 Million
Ripple’s CEO said the tie-up with BNY Mellon represents how regulatory headwinds are no longer a reality for the XRP-linked firm.
The Daily Hodl2d
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.
NBC Connecticut3d
BNY Mellon will have custody of Ripple’s new stablecoin as ...
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.

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