📰 News Alert...
🔖 Title: Ripple Appoints BNY Mellon as Custodian for RLUSD Reserves as Supply Tops $500M
🗓️ Published: 2025-07-09T18:00:00.000Z
📄 Summary: Ripple has named BNY Mellon as the official reserve custodian for its enterprise-focused stablecoin, Ripple USD (RLUSD). The selection highlights BNY Mellon's extensive expertise in digital asset infrastructure and its reputation as a trusted transaction banking provider in the United States. This partnership comes as the supply of RLUSD surpasses $500 million, marking a significant milestone in Ripple’s stablecoin development and adoption.
🔗
🗞️ Source: CryptoSlate
💓 #Stablecoins #DigitalAssets #Ripple