Crypto
XRP Rises Following Ripple's Partnership with BNY Mellon for New Stablecoin
Ripple has partnered with BNY Mellon to manage its upcoming stablecoin, leading to a surge in XRP's price.
Crypto
Ripple Engages BNY Mellon for Custody of Stablecoin Reserves as RLUSD Reaches $500M
The financial technology company Ripple has selected The Bank of New York Mellon to oversee the reserves backing its US dollar stablecoin, as demand surges upwards.
Blockchain
BNY Explores Blockchain Solutions for Daily Payments of $2.5 Trillion
BNY Mellon is considering the use of tokenized deposits to enhance its cross-border settlement capabilities, as well as to update its payment systems.
Finance
BNY Mellon Investigates Tokenized Deposits for $2.5 Trillion Daily Payment Network
BNY Mellon is looking into the implementation of tokenized deposits to enhance its vast daily payment systems and improve cross-border transactions.
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