Ripple has stated that this partnership with BNY aims to address a critical gap in the current enterprise-focused stablecoin market. This move allows Ripple to utilize BNY’s services to support its operations while positioning BNY as its primary custodian. Ripple USD Funds to Be Held Under BNY Custody Ripple, one of the largest companies in […] Source: https://news.bitcoin.com/ripple-partners-with-bny-to-serve-as-rlusd-custodian/