Ripple Partners With BNY to Serve as RLUSD Custodian

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2025-07-10 12:29:53 -

HUGE INSTITUTIONAL VALIDATION! Ripple partners with BNY Mellon (custodian of $53T+ assets ) as primary custodian for RLUSD reserves —boosting credibility for this NYDFS-regulated enterprise stablecoin! RLUSD market cap surged 30% to $500M+ amid "stablecoin summer.
" TradFi meets DeFi as Amazon/Walmart eye similar moves! Bullish AF for $XRP (+11% post-news!).
#CryptoNews #crypto #defi #web3 #Stablecoins #Ripple #BNY

https://news.bitcoin.com/ripple-partners-with-bny-to-serve-as-rlusd-custodian/

HUGE INSTITUTIONAL VALIDATION! 🏦 Ripple partners with BNY Mellon (custodian of $53T+ assets 🔒) as primary custodian for RLUSD reserves 🚀—boosting credibility for this NYDFS-regulated enterprise stablecoin! RLUSD market cap surged 30% to $500M+ 📈 amid "stablecoin summer. " TradFi meets DeFi as Amazon/Walmart eye similar moves! Bullish AF for $XRP (+11% post-news!). #CryptoNews #crypto #defi #web3 #Stablecoins #Ripple #BNY https://news.bitcoin.com/ripple-partners-with-bny-to-serve-as-rlusd-custodian/

NEWS.BITCOIN.COM

Ripple Partners With BNY to Serve as RLUSD Custodian – Crypto News Bitcoin News

Ripple has stated that this partnership with BNY seeks to address a critical gap in the current enterprise-focused stablecoin market.

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