🔹 Bank of America officially tests XRP for internal liquidity and cross-border settlements (RippleNet).
🔹 RLUSD, Ripple's stablecoin, is considered by the bank as a digital alternative to the dollar for settlements and corporate payments.
🔹 BNY Mellon acts as the custodian of RLUSD — an asset certified by NYDFS, with reserves of $500M+.
🔹 Ripple has applied for a U.S. banking license through OCC and is awaiting access to the Fed Master Account for RLUSD.
🔹 At its core is the legislative framework of the GENIUS Act, approved in the U.S.: Ripple is among the pioneers.
📌 Ripple strengthens its position as an institutional infrastructure provider in the digital asset sector.
#Ripple #XRP #RLUSD #BankOfAmerica #Stablecoin #CryptoRegulation #FinTech2025 #InstitutionalCrypto $XRP $BTC
