BNY Taps Ripple Prime to Pioneer Programmable Cash for Big Investors
Analysis
Price Impact
HighRipple prime, ripple's institutional arm, is an early adopter of bny mellon's tokenized deposit technology. this significantly enhances ripple's utility within traditional finance, providing 24/7 programmable cash solutions for institutional clients, especially for collateral and margin workflows.
Trustworthiness
HighThe news comes from a reputable crypto news source (u.today) detailing a partnership between two well-established financial entities: bny mellon, a major us bank, and ripple, a prominent enterprise blockchain company.
Price Direction
BullishThis partnership signifies a deeper integration of ripple's ecosystem into traditional finance, showcasing a tangible, real-world institutional utility for blockchain-based solutions. it strengthens ripple's position as a trusted partner for financial giants, which is fundamentally positive for xrp's long-term value proposition and adoption.
Time Effect
LongInstitutional adoption and the development of new financial infrastructure, such as tokenized deposits, typically take time to fully implement, scale, and show their complete impact on market prices and utility. the effects will build over months and years rather than immediately.
Original Article:
Article Content:
Cover image via U.Today Read U.TODAY on Google News Tokenized deposits, explained A high-profile partnership Advertisement Ripple Prime, the institutional arm of San Francisco-based enterprise blockchain firm Ripple, has signed on as one of the first major clients to use BNY's cutting-edge technology that tokenizes regular bank deposits. The prominent New York-based bank initially announced the new technology earlier today. Tokenized deposits, explained Crypto markets operate 24/7/365, but the banking system (wires, SWIFT, ACH) sleeps on weekends and holidays. HOT Stories BNY Taps Ripple Prime to Pioneer Programmable Cash for Big Investors Morning Crypto Report: XRP Risks Becoming $2 Stablecoin, Coinbase Reveals 4 Proofs of Crypto Reset, '$10,000 Zcash' Advocate Ends Speculation on ZEC Developers' Scandal Ripple-Backed Evernorth to Expand XRPL Adoption Crypto Market Review: Worst Shiba Inu (SHIB) Denial Since September 2025, This Can Save Bitcoin (BTC), Ethereum (ETH) Price in Good Spot Now This creates "settlement risk." You might need to move millions of dollars to cover a crypto trade on a Saturday, but the bank is closed. Advertisement You Might Also Like Fri, 01/09/2026 - 14:15 Ripple Obtains Major License in UK By Alex Dovbnya BNY has come up with an innovative solution to create the tokenized version of the money remaining in the bank. These tokens represent a direct claim on the bank’s cash. These blockchain-based tokens can be moved instantly, which makes them an attractive option compared to traditional solutions. They can be moved instantly, 24/7, and "programmed" to settle automatically. Advertisement The initial use case for this tech is "collateral and margin workflow." If Ripple Prime needs to post collateral for a trade with another BNY client, they can simply move the tokenized deposit instantly. A high-profile partnership Testing BNY's tokenized deposits builds on the existing partnership between Ripple and the New York-based banking behemoth. As reported by U.Today, BNY is already the custodian holding the cash reserves that back Ripple’s flagship RLUSD stablecoin. Being named an "early adopter" alongside giants of the likes of Citadel Securities is significant for Ripple Prime since this places the company inside the circle of "trusted institutional infrastructure." #Ripple News #Cryptocurrency Adoption #BNY Melon