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News

Ripple taps BNY Mellon, $50 trillion asset manager

Crypto News Flash · 25m
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.
Yahoo Finance · 2d
Ripple Taps BNY to Custody Stablecoin Reserves as RLUSD Surpasses $500M
The move follows Ripple's application for a national banking license and a Federal Reserve master account to further integrate with the U.S. financial system.
The Currency Analytics · 1d
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.
The Currency Analytics
9h
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 MSN11h
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.

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