[Stablecoin Pulse] 💥Ripple Taps BNY Mellon to Custody USD Reserves for RLUSD Stablecoin💥

Ripple just made a power move — Bank of New York Mellon, one of the world’s largest and most trusted custodians, will oversee the USD reserves backing RLUSD, Ripple’s new stablecoin.

This is not just a technical step. It's a bold trust signal aimed at institutional adoption. With BNY Mellon managing the reserves, RLUSD gains instant credibility, regulatory alignment, and the infrastructure needed to compete with the big players like USDT and USDC.

Combined with RLUSD’s explosive market cap growth lately (~500M now), Ripple is positioning itself not just as a payment solution — but a serious contender in the stablecoin race.

🧠 The takeaway: Stablecoin wars are heating up. The ones backed by real banks and real trust will win? Share your thought! 👇

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