BNY added Ripple's dollar-backed stablecoin RLUSD to its institutional Digital Asset Custody platform

Tokens pegged to stable value, usually the US dollar, spanning issuers and reserves, depegs, and adoption by banks and payment networks.

Banks, asset managers, corporations and pension funds moving into digital assets through custody launches, trading desks and treasury allocations.

Where crypto assets are actually held and who controls the keys, from self-custody wallets to exchange accounts and regulated custodians.