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! ๐ฆ Ripple partners with BNY Mellon (custodian of $53T+ assets ๐) as primary custodian for RLUSD reserves ๐—boosting credibility for this NYDFS-regulated enterprise stablecoin! RLUSD market cap surged 30% to $500M+ ๐ 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/