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![CoinDesk Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1333467482.png) CoinDesk [@CoinDesk](/creator/twitter/CoinDesk) on x 3.4M followers
Created: 2025-07-09 13:39:46 UTC

NEW: 🏦  Ripple has chosen BNY to hold the USD reserves backing $RLUSD, aiming for strong risk management and transparency.

![](https://pbs.twimg.com/media/Gvay2fLWgAAnONx.jpg)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1942941750361784375/c:line.svg)

**Related Topics**
[rlusd](/topic/rlusd)
[asset allocation](/topic/asset-allocation)
[united states dollar](/topic/united-states-dollar)
[$rlusd](/topic/$rlusd)
[coins made in usa](/topic/coins-made-in-usa)

[Post Link](https://x.com/CoinDesk/status/1942941750361784375)