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Ripple expands custody deal with BNY and partners with C2FO for trade finance on XRP Ledger

Ripple announced an expansion of its custody services for XRP and RLUSD with BNY Mellon. The expanded agreement will allow BNY to hold these assets on behalf of clients. Ripple also entered a partnership with C2FO to develop faster trade‑finance settlement on the XRP Ledger. The collaboration will use XRP Ledger and stablecoins to streamline trade‑finance processes.

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