<ul data-eligibleForWebStory="false"><li>Ripple has selected BNY as the primary custodian for its stablecoin reserves, RLUSD.</li><li>BNY's expertise in custody services is aimed at enhancing the interoperability between stablecoins and traditional assets.</li><li>This move follows BNY's deepening relationship with stablecoin issuer Circle and signals the increasing adoption of stablecoins by major banks in the United States.</li><li>The partnership reflects the banking industry's shift towards stablecoin infrastructure and emphasizes the need for secure digital asset custody.</li></ul>

Ripple Taps BNY for Stablecoin Reserve Custody

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