BNY Mellon Expands XRP Ledger Support with New Financial Services
BNY Mellon adds XRP and RLUSD to its institutional custody platform and plans tokenized trade finance on the XRP Ledger.
BNY Mellon adds XRP and RLUSD to its institutional custody platform and plans tokenized trade finance on the XRP Ledger. XRP (XRP) is trading at ₹126 ($1.32). This is an original Token Times brief based on reporting by Blockonomi, with live market data added, as of Tue, 27 Oct 2026 19:00:02 UTC.
This development marks a significant institutional adoption of the XRP Ledger, potentially increasing its use in traditional finance and trade settlement. The involvement of major financial institutions like BNY Mellon could enhance the credibility and utility of blockchain-based solutions in mainstream finance.
- BNY Mellon adds XRP and RLUSD to its Digital Asset Custody platform.
- Ripple and BNY plan to explore tokenized trade receivables on the XRP Ledger.
- C2FO intends to use RLUSD for faster supplier invoice settlements.
- XRP price up 1.73% in 24 hours amid positive institutional news.
- XRP Ledger Bug Fix Delayed as Validator Support Briefly Drops
- BNY Mellon Expands XRP Ledger Support with New Financial Services — this brief
BNY Mellon has announced the addition of 
XRP and RLUSD to its Digital Asset Custody platform, expanding its support for the XRP Ledger. This move is part of a broader collaboration with Ripple to explore the use of the XRP Ledger for tokenized trade receivables.
Ripple and BNY Mellon are working together to develop new financial services on the XRP Ledger, aiming to leverage its speed and efficiency for trade finance solutions. The partnership is expected to enhance the adoption of blockchain technology in traditional finance.
C2FO, a working capital solutions provider, plans to use RLUSD for faster supplier invoice settlements, according to Blockonomi. This could further increase the utility of RLUSD and the XRP Ledger in financial transactions.
The XRP Ledger has been gaining traction in the institutional space, with BNY Mellon's support adding to its credibility. The circulating supply of RLUSD is currently $2.59 billion, as reported by DeFiLlama.
In the broader market context, the total crypto market cap stands at $2.77 trillion, with 
Bitcoin up 0.34% in the last 24 hours. XRP has seen a 1.73% increase in price over the same period, reaching $1.32, while RLUSD remains stable at $1.
Since this brief published about 3 hours ago, XRP (XRP) has moved from ₹125.76$1.32 to ₹125.76$1.32 — +0.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹131.1 (about $1.32), up 2.3% over 24 hours. The rupee itself trades about 4.2% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 27, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
BNY Mellon Expands XRP Ledger Support with New Financial Ser — questions & answers
What services is BNY Mellon adding for XRP and RLUSD?
BNY Mellon is adding XRP and RLUSD to its Digital Asset Custody platform, providing institutional clients with custody services for these assets.
What are the plans for the XRP Ledger in trade finance?
Ripple and BNY Mellon plan to explore the use of the XRP Ledger for tokenized trade receivables, aiming to enhance trade finance solutions.
How is RLUSD being used in financial transactions?
C2FO intends to use RLUSD for faster supplier invoice settlements, as reported by Blockonomi.
How much is 1 XRP worth in rupee today?
About ₹131.1 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.32. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Blockonomi. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.