Ripple’s $500M RLUSD Finds Safe Harbor in BNY Mellon—Gateway to Institutional Adoption?

Ripple is seeking a U.S. banking license that would allow it to hold RLUSD reserves directly with the Federal Reserve. With developments like Crypto.com’s MoU with Emirates Airlines for crypto payments, RLUSD may soon find real-world applications. Ripple and financial giant BNY Mellon have collaborated in order to offer custodial services to its growing and…

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Insights From Ripple CEO’s Testimony To Senate Banking Committee

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple CEO Brad Garlinghouse delivered a notable testimony before the Senate Committee on Banking on Wednesday, emphasizing the need for clear regulatory frameworks in the cryptocurrency industry.  Ripple’s Vision Garlinghouse began his intervention by noting that with over a decade of experience,…

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