Ripple Acquires Standard Custody, Names Jack McDonald as Stablecoin Lead
Fintech News
JUNE 11, 2024
Ripple, a provider of enterprise blockchain and crypto solutions, has finalised its acquisition of Standard Custody & Trust Company, a regulated digital asset custodian, after securing necessary regulatory approvals. Following this acquisition, Ripple has announced plans to launch a USD-backed stablecoin.
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