#XRPHolders XRP
$2.37
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.
BNY Mellon onboarding Ripple boosts XRP utility case
On July 1, Ripple appointed BNY Mellon as the primary custodian of its stablecoin, Ripple USD (RLUSD).
RLUSD has gone live on both Ethereum and the XRP Ledger (XRPL) blockchains, but approximately 87% of its current activity remains concentrated on $ETH ereum, according to DefiLlama data.$BTC