🏦 WALL STREET IS MOVING CLOSER TO XRP — BNY JUST EXPANDED ITS RIPPLE PARTNERSHIP!
One of the world's major financial institutions is taking another step into the XRP Ledger ecosystem.
Here's what just happened:
• BNY now supports XRP and RLUSD on its institutional digital asset custody platform.
• Ripple and BNY are exploring tokenized trade finance on the XRP Ledger.
• They're also exploring a supply-chain finance project with C2FO.
• BNY plans to expand support for tokenized assets issued on XRPL.
• The goal is to connect traditional finance with blockchain-based payments and settlement.
The bigger picture: XRP's ecosystem is gaining institutional attention. But adoption of XRPL does not automatically mean increased demand for XRP.
Could this be another major step toward institutional blockchain adoption?
$XRP
.
.
.
.
#Ripple #XRPArmy
Not financial advice. DYOR.
One of the world's major financial institutions is taking another step into the XRP Ledger ecosystem.
Here's what just happened:
• BNY now supports XRP and RLUSD on its institutional digital asset custody platform.
• Ripple and BNY are exploring tokenized trade finance on the XRP Ledger.
• They're also exploring a supply-chain finance project with C2FO.
• BNY plans to expand support for tokenized assets issued on XRPL.
• The goal is to connect traditional finance with blockchain-based payments and settlement.
The bigger picture: XRP's ecosystem is gaining institutional attention. But adoption of XRPL does not automatically mean increased demand for XRP.
Could this be another major step toward institutional blockchain adoption?
$XRP
.
.
.
.
#Ripple #XRPArmy
Not financial advice. DYOR.
