BNY Mellon will have custody of Ripple's new stablecoin as institutional interest in crypto swells

cnbc.com/2025/07/09/bny-mellon-will-have-custody-of-ripples-new-stablecoin.html

Bank of New York Mellon will be the primary custodian for the Ripple's U.S. dollar-pegged stablecoin reserves going forward, the two companies said Wednesday.
The partnership should enhance regulatory compliance for Ripple, the issuer of ripple USD (RLUSD), and boost institutional…

This story appeared on cnbc.com, 2025-07-09 19:14:51.378000.
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