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Ripple has teamed up with banking giant BNY Mellon to custody its new stablecoin, RLUSD. The partnership aims to enhance interoperability between crypto and traditional assets while signaling growing institutional adoption.
- BNY Mellon will custody Ripple's RLUSD stablecoin and provide transaction banking services.
- The partnership aims to improve interoperability between crypto and traditional financial assets.
- Ripple CEO sees institutional adoption and regulatory clarity as key growth drivers for crypto.
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Other Tags: BNY Mellon, Jack McDonald