Ripple Price Forecast: XRP bulls tighten grip as Ripple selects BNY for RLUSD stablecoin reserves
From fxstreet.com
Ripple’s (XRP) price is bullish, rising over 2% to exchange hands at around $2.35 at the time of writing. This increase in the price of XRP comes amid growing macroeconomic uncertainty, triggered by United States (US) President Donald Trump expanding the scope of his potential tariffs to include copper and pharmaceuticals. Ripple, the issuer of XRP, has announced the selection of the Bank of New York (BNY), a renowned global service institution, as the primary custodian for its enterprise-grade Ripple USD (RLUSD) stablecoin reserves. According to the announcement via a blog post, RLUSD stands out from other ...
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