BNY to Provide Custody for Ripple’s Stablecoin RLUSD

The Bank of New York Mellon Corporation (BNY) (NYSE: BK)will provide custody for Ripple’s dollar-based stablecoin RLUSD. Congressional legislation providing clarity on the regulation of payment stablecoins is expected to be passed into law soon. This will mean the banks will feel more comfortable providing… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged bny, ripple, rlusd, stablcoins