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Ripple Taps BNY Mellon to Custody Stablecoin Reserves

· 12h · on MSN

XRP rises after Ripple selects BNY Mellon as custodian of firm's new stablecoin: CNBC Crypto World

On today's episode of CNBC Crypto World, Ripple selects Bank of New York Mellon as the primary custodian for the firm’s U.S. dollar-pegged stablecoin reserves. Plus, Swan Bitcoin CIO Ben Werkman explains why bitcoin is quickly becoming a more attractive treasury asset for companies.

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CCN on MSN · 15h

BNY Mellon Emerges as Bank of Choice for Stablecoin Reserves, Counts Circle and Ripple as Clients

FintechNewsSG · 57m

BNY Mellon to Serve as Custodian for Ripple’s RLUSD Stablecoin Reserves

15hon 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 ...

Ripple applies for U.S. bank license – Next big step in crypto’s Wall Street takeover?

Ripple is in the news today after it applied for a U.S bank license with the OCC (Office of the Comptroller of the Currency).

7d

BitGo, Ripple Join Wave of Firms Applying for US Bank Charters

The payments and stablecoin firm Ripple Labs Inc. applied to become a national bank as a bevy of firms in the ...

Deutsche Bank Plans to Introduce Crypto Custody With Bitpanda Next Year: Bloomberg

Deutsche's prior involvement in crypto custody has largely been through Swiss custodian Taurus, of which the German bank is ...

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