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BNY Adds XRP And RLUSD Stablecoin To Institutional Custody Platform

BNY Adds XRP And RLUSD Stablecoin To Institutional Custody Platform

Photo: Crypto Economy

TL;DR BNY expanded its partnership with Ripple, adding XRP and the RLUSD stablecoin to its institutional custody platform. The two companies are working to allow BNY clients to mint and redeem RLUSD directly through the bank, while also exploring tokenized trade finance applications. An initiative to finance approved invoices through the XRP Ledger is under ... Read more

Source: Crypto Economy

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