<ul data-eligibleForWebStory="false"><li>Ripple is aiming to obtain a U.S. banking license, allowing it to hold RLUSD reserves directly with the Federal Reserve for regulatory compliance.</li><li>BNY Mellon and Ripple have partnered to provide custodial services for RLUSD, indicating Ripple's push for institutional adoption and integration with traditional finance.</li><li>The growing RLUSD stablecoin, with a market capitalization of half a billion dollars, is making strides towards regulatory compliance and integration into mainstream financial systems.</li><li>The collaboration between Crypto.com and Emirates Airlines for crypto payment options and support from AMINA Bank showcase potential real-world applications for RLUSD, in line with increasing institutional and regulatory support.</li></ul>

Ripple’s $500M RLUSD Finds Safe Harbor in BNY Mellon—Gateway to Institutional Adoption?

Discover more