Ripple details RLUSD backing with NYDFS charter, cash reserves, BNY Mellon custody
Covered by 1 source · 1 article
🟢 Ripple revealed full details on RLUSD’s regulatory and custodial setup. 🔒 RLUSD is backed by cash and Treasury bills under NYDFS supervision, with BNY Mellon as custodian. 💼 Ripple also received conditional OCC approval for its own nat…
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