๐ Ripple Partners with $2T AUM BNY Mellon to Custody RLUSD Reserves
๐ In a major milestone for stablecoin adoption, Ripple has joined forces with BNY Mellon, one of the worldโs largest financial custodians, to safeguard the reserves of its fast-growing stablecoin, RLUSD.
๐ With RLUSD surpassing $500 million in circulating supply just seven months post-launch, this partnership marks a significant step toward institutional-grade stability and trust in the stablecoin space.
๐ฌ Custody by a global financial powerhouse like BNY Mellon signals growing convergence between traditional finance and blockchain innovation, reinforcing Ripple's vision for secure, scalable digital finance.
#Ripple #BNYMellon #RLUSD #Stablecoins #Blockchain
https://coingape.com/ripple-taps-2-trillion-aum-bny-mellon-for-custody-of-rlusd-reserves/?utm_source=bnb&utm_medium=coingape
