🔥 BNY Adds XRP and RLUSD Custody as Ripple Targets Tokenized Trade Finance.
BNY now supports XRP and RLUSD through its digital-asset custody platform. The bank is holding both Ripple’s XRP token and RLUSD stablecoin as it expands digital asset services for institutional clients.
This move places BNY among traditional financial institutions integrating crypto-native assets into regulated custody. Ripple is simultaneously targeting tokenized trade finance, using XRP and RLUSD to reshape cross-border payments and working capital.
The custody support gives institutions a direct channel to access Ripple’s growing ecosystem. Do you think more major banks will add XRP to their custody services?
❓ What's your take — is this the start of a bigger move or just noise? Drop it below.
$BTC
$ETH
#CryptoMarkets #DigitalAssets #BlockchainAdoption
BNY now supports XRP and RLUSD through its digital-asset custody platform. The bank is holding both Ripple’s XRP token and RLUSD stablecoin as it expands digital asset services for institutional clients.
This move places BNY among traditional financial institutions integrating crypto-native assets into regulated custody. Ripple is simultaneously targeting tokenized trade finance, using XRP and RLUSD to reshape cross-border payments and working capital.
The custody support gives institutions a direct channel to access Ripple’s growing ecosystem. Do you think more major banks will add XRP to their custody services?
❓ What's your take — is this the start of a bigger move or just noise? Drop it below.
$BTC
$ETH
#CryptoMarkets #DigitalAssets #BlockchainAdoption