Bank of New York Mellon selected as custodian for XRP reserves
2025-07-09 11:45:23
Main Idea
Ripple USD, an enterprise-grade stablecoin issued under a New York regulatory framework, has selected Bank of New York Mellon (NYSE:BK) as its primary custodian.
Key Points
1. Ripple USD is an enterprise-grade stablecoin.
2. Ripple USD is issued under a New York regulatory framework.
3. Bank of New York Mellon (NYSE:BK) has been selected as the primary custodian for Ripple USD.
Description
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