Ripple widens BNY custody for XRP and RLUSD, adds C2FO on XRP Ledger
Ripple is expanding its custody arrangement with BNY for XRP and its RLUSD stablecoin, while also partnering with C2FO to build faster trade finance settlement on the XRP Ledger using stablecoins. The moves deepen institutional infrastructure around XRP and push real-world payment use cases. Traders would watch for growing RLUSD adoption and XRP Ledger transaction activity as signals of demand.