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Posted by
Two Blokes Jul 9 -
Filed in
Crypto
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3 views
TL;DR Ripple appointed BNY Mellon as the custodian of the cash and Treasury reserves backing its RLUSD stablecoin, which has already surpassed $500 million. The company is seeking a federal banking license to issue RLUSD under national regulation, as major corporations consider entering the stablecoin market.
