Bank of New York Mellon selected as custodian for XRP reserves

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Treasury Allows 10 Banks To Repay TARP Money, Totaling 68 Billion

Digital asset infrastructure provider Ripple said on Wednesday that it has selected Bank of New York Mellon (NYSE:BK) for the primary custody of its Ripple USD (XRP-USD) reserves.

Ripple USD is an enterprise-grade stablecoin, issued under a New York Department of

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