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Ripple is making headlines again. The company has officially teamed up with BNY Mellon, the world’s largest custodian bank, to safeguard the reserves for its stablecoin RLUSD. The stablecoin has already crossed $500 million in circulation, and this move marks a big milestone for Ripple’s growing payments and stablecoin business.
The news didn’t go unnoticed. Bitwise CEO Hunter Horsley stirred conversation online, wondering aloud if Ripple might soon be seen as an “XRP treasury company.” His post got a mixed response and while some called it…
