Ripple uses BNY Mellon as the primary storage for his high -quality StableCoin Ripple USD (RLUSD).

Ripple uses BNY Mellon as the primary storage for his high -quality StableCoin Ripple USD (RLUSD).

Ripple appoints Bny Mellon as the main ripple for ripple usd

Ripple, a leading company in the field of blockchain technology and digital payments, has announced that the Bank of New York Mellon Corporation (BNY Mellon) was selected as the main custody for its company topping, Ripple USD (RLUSD).

The decision to appoint BNY Mellon as the primary custodian underlines Riples to ensure security and trust in dealing with digital assets. BNY MELLON brings extensive experience and expertise in the area of ​​custody and management of financial instruments and will play a crucial role in supporting Ripple USD.

ripple USD (RLUSD) aims to increase the efficiency in payment transactions and to offer stable values ​​in the digital economy. Cooperation with BNY Mellon ensures that Ripple is able to offer its customers a reliable and safe solution for digital transactions.

This partnership could have far-reaching effects on the market for stable coins and digital currencies, since Ripple aims to integrate the advantages of blockchain technology into traditional financial systems. The appointment of BNY Mellon as the main driver is another step in the development of digital payment transactions and shows how traditional banks and modern financial technologies merge.

Overall, this strategic decision not only reflects the innovative strength of Ripple, but also the growth and the relevance of stable coins in today's financial ecosystem.