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BNY to custody Ripple USD
BNY will custody the reserves of Ripple’s new stablecoin, Ripple USD, the firms said Tuesday. Through this partnership, the country’s oldest bank and one of the nation’s oldest cryptocurrency firms say they aim to bolster institutional adoption of digital assets and bridge the gap between the traditional finance and crypto realms.
Ripple itself launched RLUSD in December 2024. With a market cap of $501 million, RLUSD doesn't account for even 1% of the ...
The bank, represented by Morgan Lewis & Bockius, had argued that there was an implied contract between it and André Pauwels ...
The AI and cybersecurity-focused startups completed the vetted proof-of-concept program to prepare for their next level of ...
The Bank of New York Mellon, a financial institution started in 1784 by an American founding father, is emerging as one of ...
The giant alt investments platform's latest financing led by T. Rowe Price and SurgoCap Partners, along with State Street, ...
BK stock hits a record high, fueled by global expansion, strong capital returns and rising net interest income.
BNY, a global financial services company, and iCapital, the global fintech platform shaping the future of investing, ...
Ripple has announced it will be working with banking giant BNY Mellon to custody its proprietary stablecoin, RLUSD.
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