
Ripple taps BNY to secure RLUSD stablecoin with institutional-grade custody
Key Takeaways Ripple has chosen BNY Mellon as the primary custodian for RLUSD stablecoin reserves. RLUSD is designed for institutional-grade use, with full USD backing and strict reserve management. Share this article Ripple announced today it has selected the Bank of New York Mellon Corporation (BNY), the world’s largest custodian bank and securities services company,…