Ripple has chosen BNY to serve as the custodian for $RLUSD reserves

#Ripple has selected The Bank of New York Mellon #BNY , a leading global financial services firm, as the primary custodian of #RippleUSD $RLUSD reserves. Ripple will also leverage BNY’s transaction banking services to support its operations and maintain seamless customer solutions.

Ripple is a blockchain-based digital payment network and protocol that uses the #XRPLedger blockchain and $XRP . Ripple provides cross-border payment and crypto liquidity services to businesses.

👉 ripple.com/ripple-press/ripple-selects-bny-to-custody-ripple-usd-reserves/