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Tag: partnership
Ripple partners with Bank of New York Mellon, XRP soars – LET Mining launches new cloud mining strategy for XRP holders
New York City, July 10, 2025 (GLOBE NEWSWIRE) -- Ripple has established a partnership with the oldest bank on Wall Street, and BNY Mellon has become the custodian of RLUSD, which will take Ripple's stablecoin strategy to the next level and herald its long-term commitment to infrastructure construction. With the announcement of this strategic cooperation, the price of XRP soared rapidly, breaking through $2.46 at one point, and its market value jumped to the third largest cryptocurrency in the world.
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