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BNY Mellon

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.

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Ripple Engages BNY Mellon for Custody of Stablecoin Reserves as RLUSD Reaches $500M

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