CandleFocus Ripple rolls out crypto storage services for financial institutions
2024-10-10
Author: Content Editor
Ripple is launching a new suite of crypto storage services under its Ripple Custody brand, aiming to support businesses in the crypto and fintech sectors. The services include a user-friendly interface, advanced operational and policy settings, integration with the XRP Ledger, and enhanced anti-money laundering monitoring. Ripple's expansion into the custody sector follows its acquisitions of Metaco and Standard Custody & Trust Company. The company will also enter the stablecoin market with its upcoming stablecoin, Ripple USD (RLUSD), which will need to differentiate itself from existing offerings to succeed.
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