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Ripple Taps BNY Mellon to Custody Stablecoin Reserves

Ripple CEO makes surprising trillion-dollar prediction on stablecoins

Ripple itself launched RLUSD in December 2024. With a market cap of $501 million, RLUSD doesn't account for even 1% of the total stablecoin market. Tether's USDT and Circle's USDC themselves constitute more than 85% of the total stablecoin market.

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American Banker · 21h

BNY to take over custody of Ripple's stablecoin reserves

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

20hon 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.

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

Ripple’s CEO said the tie-up with BNY Mellon represents how regulatory headwinds are no longer a reality for the XRP-linked ...

The Daily Hodl19h

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.

22hon 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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