BNY Mellon launches money market fund to hold reserves for U.S. stablecoin issuers
BNY Mellon announced the BNY Dreyfus Stablecoin Reserves Fund (BSRXX), a money market fund designed to custody reserves of stablecoin issuers in the U.S. The...
BNY Mellon
BNY Mellon launches BNY Dreyfus Stablecoin Reserves Fund (BSRXX) for stablecoin issuers
BNY Mellon introduced the BNY Dreyfus Stablecoin Reserves Fund (BSRXX), a government money market fund designed for stablecoin issuers and qualified institutional investors to hold...
BNY Mellon tests tokenized deposits to speed up corporate payments and cut costs,
BNY Mellon is testing tokenized deposits on a blockchain to accelerate corporate payments and reduce their cost. The bank moves about USD 2.5 billion in...
Bank of New York Mellon to Introduce Crypto Custody Service This Year
After Tesla’s bitcoin bet, Now America’s oldest bank, Bank of New york Mellon to enter the crypto space with custody service....