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Ripple Taps BNY Mellon to Custody Stablecoin Reserves

The Currency Analytics · 16h

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.

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.

CNBC on MSN · 2d

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.

Cryptopolitan on MSN52m

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.

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.

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