Ripple has announced the selection of Bank of New York Mellon (BNY Mellon) as the primary custodian for the reserves backing its enterprise-grade stablecoin, Ripple USD (RLUSD). BNY Mellon is the oldest bank in the United States and a global leader in asset management and asset servicing. This bank will oversee the cash reserves that … Continue reading Ripple Partners With BNY To Custody RLUSD Stablecoin Reserves