BNY Mellon, the oldest bank in the United States and a key service provider to institutional clients, will manage the underlying reserve assets and facilitate the liquidity processes behind RLUSD ...

BNY Mellon will be the primary custodian for the Ripple’s U.S. dollar-pegged stablecoin reserves going forward, the two companies jointly announced Wednesday.

Ripple has selected Bank of New York Mellon as the primary custodian ... central bank infrastructure. The partnership comes at a time when Wall Street institutions are increasingly involved in the ...

The Bank of New York Mellon Corporation will become the primary custodian of Ripple's stablecoin reserves, the companies announced Wednesday, in a partnership that's being hailed as a landmark in the ...

BNY Mellon Brings Proven Custody Infrastructure By choosing BNY Mellon as the primary reserve custodian, Ripple said it is leaning on the bank's expertise in digital asset infrastructure.

XRP has surged more than 11.75% over the past week, climbing from $2.15 to $2.40 following Ripple’s partnership with America’s oldest bank, BNY Mellon.