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Ripple Taps BNY Mellon to Custody Stablecoin Reserves

CNBC on MSN · 17h

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

The partnership should enhance regulatory compliance for Ripple, the issuer of ripple USD (RLUSD), and boost institutional credibility for the company as well as the fast-growing stablecoin industry.

American Banker · 6h

BNY to take over custody of Ripple's stablecoin reserves

One of the oldest U.S. banks is taking on custody of RLUSD, as stablecoins continue their perceived march toward general acceptance.

MarketWatch · 15h

Bank of New York Mellon Selected as Primary Custodian of Ripple USD Reserves

Bank of New York Mellon has been selected to be the primary custodian of Ripple USD reserves. Ripple, a San Francisco-based digital asset-infrastructure company, said Wednesday that it has selected the New York financial-services firm to serve as the primary reserve custodian of RLUSD, a dollar-backed stablecoin that Ripple manages.

12hon MSN

One early winner of the stablecoin craze is Alexander Hamilton's 241-year-old bank

The Bank of New York Mellon, a financial institution started in 1784 by an American founding father, is emerging as one of ...

2d

Bank of New York Mellon Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Analysts expect the New York-based company to report quarterly earnings at $1.75 per share, up from $1.51 per share in the ...

8don MSN

Why this bank is hiring full-time AI employees

The Bank of New York Mellon is pioneering AI integration by giving digital employees logins, supervisors, and soon email and ...

Crowdfund Insider16h

Global Fintech Platform iCapital Forms Alliance with BNY

BNY, a global financial services company, and iCapital, the global fintech platform shaping the future of investing, ...

Zacks.com on MSN1d

BNY Mellon Stock Touches All-Time High: Should You Still Invest?

BK stock hits a record high, fueled by global expansion, strong capital returns and rising net interest income.

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