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Ripple Taps BNY Mellon to Custody Stablecoin Reserves

CNBC on MSN · 20h

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.

Yahoo Finance · 20h

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.

FintechNewsSG · 49m

BNY Mellon to Serve as Custodian for Ripple’s RLUSD Stablecoin Reserves

Ripple has named BNY Mellon as the primary custodian for the reserves backing Ripple USD (RLUSD), its enterprise-focused stablecoin.

The Daily Hodl11h

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.

15hon MSN

One early winner of the stablecoin craze is Alexander Hamilton's 241-year-old bank

The Bank of New York Mellon, a financial institution started in 1784 by an American founding father, is emerging as one of ...

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