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BNY Mellon explores tokenized deposits to modernize payments infrastructure

BNY Mellon explores blockchain-based tokenized deposits to modernize payment infrastructure. JPMorgan and HSBC have launched tokenized deposit pilots for faster, cheaper cross-border transfers. Global banks embrace blockchain as new regulations…

BNY Mellon to custody Ripple’s stablecoin reserves

Ripple partners with BNY Mellon to custody RLUSD reserves, aiming to enhance regulatory compliance and institutional trust. The move comes amid a surge of corporate and institutional interest in stablecoins,…