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CryptoSlate· Liam 'Akiba' Wright·· 3d ago

BNY adds XRP and RLUSD custody for eligible institutional clients

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AI brief

BNY Mellon now supports custody of XRP and Ripple's RLUSD stablecoin for eligible institutional clients, offering a banking route to safeguard and manage these assets. The service integrates custody with settlement, accounting and servicing, though the announcement discloses no funded clients, XRP balances, or new purchases.

Source: CryptoSlate · cryptoslate.com