BNY adds XRP and RLUSD custody as Ripple expands its bank partnership. Direct stablecoin minting and tokenized trade finance remain future initiatives.
BNY and Citadel Securities settled a tokenized two-year U.S. Treasury within minutes, then used it for overnight financing. BNY targets 24/7 services in 2027.
BNY said it will work with Galaxy to add staking to its Digital Asset Custody platform, subject to regulatory review, bringing custody and rewards into one institutional workflow.