Ripple’s Partnership With BDACS Pays Off as XRP Support Goes Live at Korean Crypto Custodian

XRP is now live on BDACS, a regulated crypto custodian for South Korean institutions, marking the first concrete outcome of Ripple’s custody partnership announced in February. BDACS talked about the launch in a post made Aug. 5 on X. The firm said it will offer custody support for XRP, which it described as one of … Read more

Crypto Custodian Anchorage to Phase Out USDC, Stirring Backlash

Anchorage Digital, a crypto custodian and federally chartered bank, said it will start phasing out and direct institutional clients to convert USDC and other stablecoins into rival token Global Dollar (USDG) in a sweeping move that drew criticism from industry players. The firm released a “Stablecoin Safety Matrix” that ranks stablecoins based on regulatory oversight … Read more