BNY Expands Ripple Collaboration to Include XRP Custody and Tokenized Trade Finance

TLDR: BNY now supports XRP and RLUSD on its Digital Asset Custody platform for institutional clients. BNY intends to let its clients mint and redeem RLUSD directly through the bank with Ripple.  Ripple and BNY are exploring a supply chain finance initiative with C2FO on the XRP Ledger.  RLUSD market cap is near $2.5 billion, [...]

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