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Ripple Partners With America’s Oldest Bank to Safeguard RLUSD Stablecoin
Ripple Partners With America’s Oldest Bank to Safeguard RLUSD Stablecoin
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Ripple just made a power play—teaming up with the oldest U.S. bank to custody its new RLUSD stablecoin. Because nothing says 'trust' like a 200-year-old institution babysitting your crypto.
Why it matters: This isn’t just another custody deal. It’s a calculated move to bridge crypto’s Wild West rep with old-school financial credibility. The bank’s name? Still under wraps—because why ruin the suspense?
The big picture: Ripple’s betting that institutional adoption hinges on pairing blockchain speed with vault-level security. Meanwhile, Wall Street still thinks 'stablecoin' is a type of furniture polish.
Bottom line: When crypto giants and legacy banks shake hands, someone’s about to get a very favorable interest rate. (Guess who.)
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