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Ripple Taps BNY Mellon to Custody Stablecoin Reserves

CNBC on MSN · 1d

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 · 2h

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.

Yahoo Finance · 1d

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.

16hon MSN

Ripple CEO predicts trillions will flow into exploding stablecoin market

Ripple CEO said many people think the stablecoin market will reach $1 trillion to $2 trillion in a handful of years.

1d

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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