Ripple Taps Banking Giant BNY Mellon To Secure Dollar Reserves For RLUSD As Market Cap Hits $500 Million

• click to rate

  Posted by Two Blokes Jul 9 - Filed in Crypto - 5 views
  
  Ripple has appointed the Bank of New York Mellon, one of the oldest and largest custody banks in the world, overseeing $53 trillion of assets, as the primary custodian of reserve assets backing its enterprise-focused stablecoin Ripple USD (RLUSD).