Ripple’s RLUSD Stablecoin Skyrockets to $500M Milestone with BNY Mellon Custody Partnership

Ripple just flipped the script on institutional crypto adoption—again. Their RLUSD stablecoin hit a jaw-dropping $500M valuation after locking in BNY Mellon as custodian, proving even Wall Street dinosaurs are hungry for blockchain snacks.

Why this matters

When America’s oldest bank starts babysitting your stablecoin reserves, it’s not just a partnership—it’s a full-blown legitimacy stamp. Suddenly those 'crypto is a scam' think pieces start gathering dust.

The fine print

BNY’s ironclad custody infrastructure means RLUSD now has the security blanket institutional investors crave. Meanwhile, rival stablecoins are sweating through their collateral disclosures.

Bottom line: Ripple’s playing chess while others play checkers. And if you think a half-billion-dollar stablecoin is impressive? Just wait until the next quarterly report drops—assuming the SEC doesn’t try to 'protect' us from this innovation, of course.