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XRP 
RLUSD Bank of New York Mellon includes XRP in global payments strategy, stablecoin report attracts widespread attention
In a recently released publication on stablecoins, Bank of New York Mellon (BNY Mellon) explicitly listed XRP as part of its global payments strategy, a move that has attracted significant attention among digital asset researchers and the broader cryptocurrency community.
Innovative initiatives in the field of corporate payments
detail the cooperation between the two parties around digital assets in the chapter of the publication titled "Ripple and BNY Mellon: Using stablecoins to Accelerate Cross-Border Payments." The document points out that the goal of both parties is to support corporate treasuries to allocate funds through stablecoins and digital assets including XRP 24/7 and in real time.
Cryptocurrency researcher SMQKE emphasized the relevance of XRP mentioned in the report, highlighted its role in the BNY Mellon global payment framework, and shared this content with users of the X platform (formerly Twitter). He quoted the original report and pointed out how XRP connects with BNY Mellon's broader payments vision. The report clearly states that the bank aims to help companies move funds through stablecoins and digital assets such as XRP "in real time, 24 hours a day, 365 days a year."
Founded in 1784, BNY Mellon is one of the oldest and largest financial institutions in the world, focusing on investment services and asset management. Its involvement in the field of digital assets marks that blockchain technology is playing an increasingly important role in traditional banking.
Ripple cooperation details and RLUSD stablecoin
The publication confirms that BNY Mellon has become the main reserve custodian bank for Ripple USD (RLUSD). RLUSD will be launched in July 2025 and is mainly targeted at corporate and institutional payment scenarios. RLUSD aims to provide higher speed, lower costs and higher efficiency for cross-border transactions.
It is reported that in October 2025, Ripple acquired a treasury management system from GTreasury to further streamline corporate capital flows for digital assets including RLUSD and XRP. Jack McDonald, senior vice president of Ripple stablecoins, stressed that the move is intended to strengthen rather than replace the link between companies and banks and highlights BNY Mellon's core position.
The report emphasizes the importance of interoperability between tokenized deposits and stablecoins, believing that this is the key to large-scale deployment of these solutions.
Noun explanation:
RLUSD (Ripple USD): A stablecoin issued by Ripple, mainly designed for corporate treasury management and large-scale financial transactions, aims to promote faster and more efficient cross-border settlements.
XRP's status in BNY Mellon payment plans
Although XRP is directly cited as part of BNY Mellon's payment infrastructure, the publication does not clearly state whether the bank currently uses XRP in all payment transactions. Community member Zoid pointed out that the necessary infrastructure may be in place, but its activation may depend on future developments or changing needs.
Some observers emphasized that although BNY Mellon has incorporated XRP into its ecosystem, it remains uncertain whether XRP will be actively used for direct transactions or coexisting as a complementary stablecoin.
David Arnal, another industry commentator, pointed out that BNY Mellon's explicit mention of XRP is noteworthy, but this does not guarantee that banks will directly use XRP for payments, rather than listing it as one of the available options.
Despite these uncertainties, the emergence of XRP in the document has renewed industry interest in its potential role in future institutional payments.
