Yes. BNY confirmed Oct 27 that it expands its strategic collaboration with Ripple across digital asset custody to now include XRP, and to explore tokenized trade finance (@BNYglobal).

Yes. BNY confirmed Oct 27 that it expands its strategic collaboration with Ripple across digital asset custody to now include XRP, and to explore tokenized trade finance (@BNYglobal).

Ripple said the same day it is expanding collaboration with BNY across custody and tokenized trade finance, bringing BNY scale together with RLUSD, XRP and XRP Ledger (@Ripple).

Clients can hold XRP and RLUSD on BNY Digital Asset Custody, with the stated plan to let eligible clients mint and redeem RLUSD directly through BNY, per detailed reports (@TokenRelations).

The trade finance leg is with C2FO: Ripple and C2FO are bringing financing and settlement supporting C2FO Instant Pay onto XRPL, using RLUSD for settlement (@Ripple).

This followed Oct 26 final OCC approval for Ripple National Trust Bank to support RLUSD and custody, per Ripple CEO (@bgarlinghouse).

RLUSD itself is quoted at $1.00, XRP around $1.318 on Binance spot at 15:04 UTC Oct 27.