XRP Boosted 4% By Ripple's Stablecoin Partnership With BNY Mellon

benzinga.com/crypto/cryptocurrency/25/07/46323539/xrp-boosted-4-by-ripples-stablecoin-partnership-with-bny-mellon

Ripple (CRYPTO: XRP) has announced that the Bank of New York Mellon (NYSE:BKAG) will serve as the primary custodian for reserves backing its U.S. dollar-pegged stablecoin RLUSD.
This move marks a significant step toward boosting institutional trust in the stablecoin sector, as well as…

This story appeared on benzinga.com, 2025-07-09 15:35:05.
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