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Ripple Taps $2 Trillion AUM BNY Mellon for Custody of RLUSD Reserves

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Ripple has partnered with BNY Mellon, a global financial institution managing over $2 trillion in assets, to serve as the primary custodian for $RLUSD reserves. This development follows $RLUSD surpassing the $500 million mark in circulating supply, just seven months after its launch.