<ul data-eligibleForWebStory="false"><li>Ripple has chosen BNY Mellon to manage a $500 million reserve for its RLUSD stablecoin to enhance cross-border payments.</li><li>RLUSD, backed 1:1 with USD and under NYDFS regulations, prioritizes compliance and transparency.</li><li>BNY Mellon brings extensive custody solutions and a growing digital asset infrastructure to the partnership with Ripple.</li><li>The collaboration aims to address inefficiencies in cross-border payments with enhanced transparency and institutional-grade stability.</li></ul>

Ripple Strikes Landmark $500M Custody Agreement with BNY Mellon for RLUSD

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