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Ripple taps BNY Mellon, $50 trillion asset manager

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.

Live Bitcoin News · 2d

Ripple Picks BNY Mellon to Hold RLUSD Stablecoin Reserves

Ripple taps BNY Mellon to hold RLUSD stablecoin reserves, boosting trust and targeting secure cross-border payments for major institutions.

Cryptopolitan on MSN · 3d

Ripple taps BNY Mellon, $50 trillion asset manager for RLUSD reserves custody

Ripple has selected The Bank of New York Mellon (BNY Mellon) as the primary custodian for the reserves backing its Ripple USD (RLUSD) stablecoin. BNY Mellon is the oldest bank in the United States, with $50 trillion in assets under custody According to a company press release published at the start of July,

InvestorsHub on MSN2d

Bank of New York Mellon Stock Hits Record High on Strong Performance and Strategic Moves

Shares of Bank of New York Mellon Corporation (NYSE:BK) climbed to a record high of $93.80, marking a major milestone for the ...

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.

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