Ripple Moves Deeper Into Banking With Stablecoin Deals
By PYMNTS
AI summary of the source article
Ripple worked to expand the reach of its dollar stablecoin to be held, traded, and used. The firm secured agreements with Coinbase, Robinhood, and BNY, alongside federal approval for a national trust bank.
Key facts
- Ripple secured agreements with Coinbase, Robinhood, and BNY for its dollar stablecoin.
- The company secured federal approval for a national trust bank.
- The initiatives aim to expand places for Ripple's dollar stablecoin to be held, traded, and used.
Source excerpt · PYMNTS
Stablecoins continue to seek mainstream usage and acceptance, and this week, Ripple was at the forefront. The company spent the week securing more places for its dollar stablecoin to be held, traded and used. Agreements with Coinbase, Robinhood and BNY, alongside federal approval for a national trust bank, give the company a broader opening into […] The post Ripple Moves Deeper Into Banking With S…