Posts
avatar

THE BANK HAMILTON FOUNDED NOW HOLDS $XRP Alexander Hamilton helped found the Bank of New York before the American constitution was even written and it has outlived panics, wars and crashes ever since. This week, at #Ripple's Swell conference, #BNY said, its Digital Asset Custody platform now supports $XRP and $RLUSD for eligible institutional clients. That means, big clients can hold, safeguard and transfer the coins inside the same controls the bank uses for everything else. BNY already guards the reserves behind RLUSD, and now it guards the tokens themselves. The bank also intends to let clients mint and redeem $RLUSD directly, and is exploring tokenised trade finance on the XRP Ledger, although those are plans still waiting for approvals. When a vault this old opens a drawer for $XRP, the people who only trust old vaults, start paying attention.

This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.

avatarPost your reply

Comment