
🚨 Ripple announces expanded collaboration with BNY Mellon to integrate custody of $XRP and #RLUSD on BNY's digital asset platform while advancing tokenized trade finance directly on the XRP Ledger. - The partnership enables institutional clients to securely hold and transfer assets, with future plans for RLUSD minting/redemption through BNY and supply chain finance pilots involving C2FO. - This initiative leverages XRPL's 3-5 second settlements to bridge traditional finance infrastructure with blockchain for more efficient payments, collateral, and trade finance workflows.
