Ripple Partners with BNY Mellon to Back RLUSD Stablecoin
Ripple has selected financial giant BNY Mellon as the primary custodian for its dollar-backed stablecoin, RLUSD. The partnership marks a significant step in Ripple’s mission to merge traditional finance (TradFi) with blockchain-based digital assets. BNY Mellon, with over $43 trillion in assets under custody, is among the largest and oldest
