News with the tag "BNY Mellon"

The XRP ecosystem is experiencing significant developments, including increased wallet addresses and open interest, large whale transactions, and a strategic partnership between Ripple and BNY Mellon for a new stablecoin.

Ripple CEO Brad Garlinghouse predicts the stablecoin market could grow to $2 trillion, driven by regulatory advancements and Ripple's strategic initiatives like its RLUSD stablecoin.

Ripple's partnership with BNY Mellon to custody its upcoming stablecoin signifies a major step in institutional crypto adoption, leveraging BNY Mellon's expertise in security and compliance to enhance trust and credibility.

Ripple has selected BNY Mellon as the primary custodian for its enterprise-grade stablecoin RLUSD, enhancing institutional trust and bridging traditional finance with digital assets.