🔥 Ripple Expands BNY Deal to Bring $2.5B RLUSD and XRP Into Trade Finance.
Ripple just brought $2.5 billion in RLUSD and XRP into trade finance through BNY. BNY has added XRP and Ripple's RLUSD stablecoin to its digital asset custody platform.
The expansion leverages the existing partnership to settle trade finance transactions at scale. RLUSD is a USD-pegged stablecoin issued by Ripple, and XRP will complement it for institutional liquidity and cross-border settlement.
Both assets are now available for custody within BNY's infrastructure. Will more traditional banks start holding XRP and stablecoins for trade settlement?
❓ What's your take — is this the start of a bigger move or just noise? Drop it below.
$BTC
$ETH
#CryptoMarkets #DigitalAssets #BlockchainAdoption
Ripple just brought $2.5 billion in RLUSD and XRP into trade finance through BNY. BNY has added XRP and Ripple's RLUSD stablecoin to its digital asset custody platform.
The expansion leverages the existing partnership to settle trade finance transactions at scale. RLUSD is a USD-pegged stablecoin issued by Ripple, and XRP will complement it for institutional liquidity and cross-border settlement.
Both assets are now available for custody within BNY's infrastructure. Will more traditional banks start holding XRP and stablecoins for trade settlement?
❓ What's your take — is this the start of a bigger move or just noise? Drop it below.
$BTC
$ETH
#CryptoMarkets #DigitalAssets #BlockchainAdoption