
🚨NEWS: Traditional banking infrastructure is moving deeper into digital assets. @Ripple and @BNYglobal are expanding their partnership to support $XRP and $RLUSD custody, with plans to explore tokenized trade finance on the XRP Ledger. BNY’s role extends beyond custody, with clients able to mint and redeem RLUSD directly. The two firms will also explore how the XRP Ledger could support more efficient trade finance, payments, settlement and collateral workflows for institutional clients.
