Defi

BNY Now Custodies XRP for Institutions, Plans Direct RLUSD Minting With Ripple

Unchained·October 28, 2026·1 min read

BNY, the bank holding reserves for Ripple's stablecoin, has added XRP and RLUSD to its custody platform for institutions. The bank plans direct RLUSD minting with Ripple and broader XRP Ledger initiatives, though a C2FO trade finance effort remains early stage.

Read at Unchained

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