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BNY Mellon will have custody of Ripple's new stablecoin

· 2d · on MSN

XRP rises after Ripple selects BNY Mellon as custodian of firm's new stablecoin: CNBC Crypto World

On today's episode of CNBC Crypto World, Ripple selects Bank of New York Mellon as the primary custodian for the firm’s U.S. dollar-pegged stablecoin reserves. Plus, Swan Bitcoin CIO Ben Werkman explains why bitcoin is quickly becoming a more attractive treasury asset for companies.

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Ripple Taps BNY to Custody Stablecoin Reserves as RLUSD Surpasses $500M

Ripple Chooses BNY for Stablecoin Custodian as RLUSD Reaches $500 Million

2d

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 ...

Cryptopolitan on MSN1d

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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