Headline: BNY Mellon’s tokenized deposits put Ripple at the center of a budding “digital dollar” era BNY Mellon’s recent rollout of tokenized deposits for institutional clients marks a major step in the shift from proof-of-concept blockchain projects to pragmatic, institutional-grade digital cash. The global bank—reported to oversee roughly $50 trillion in assets—picked Ripple Prime as an early adopter of the new product, signaling confidence in Ripple’s infrastructure for moving tokenized cash across networks. (Source: X) Why this matters Institutional adoption of crypto and blockchain isn’t just about direct capital inflows. Lately it’s been driven by partnerships and real-world use cases—cross-border payments, custodial services and settlement rails that work 24/7. Tokenized deposits are digital representations of cash held on-chain that can be moved instantly and programmatically. With BNY Mellon launching such deposits for institutions, many market participants are calling this the start of a “digital dollar” era—where institutional funds live as tokenized cash rather than sitting in traditional fiat accounts or existing only as stablecoins. Ripple’s role By naming Ripple Prime as an early partner, BNY Mellon places Ripple at the heart of this potential shift. Ripple Prime is Ripple’s institutional offering for liquidity, custody and settlement, and the BNY tie-up positions Ripple as an infrastructure choice for banks experimenting with tokenized cash—potentially accelerating institutional workflows that need fast, programmable settlement. How this ties to broader trends BNY Mellon’s move is consistent with a broader industry pivot from CBDC hype to practical deployments by commercial banks and custodians. If more banks follow BNY’s lead, tokenized deposits could become a standard institutional instrument, and networks that support fast, secure transfers will see increased demand. Ripple being selected early on is widely interpreted as a vote of confidence in its tech and positioning. Institutional flows and market signals Institutional interest in Ripple is showing up in multiple ways. XRP exchange-traded funds have accumulated roughly $1 billion in assets under management since their November launch (Source: XRP ETF Tracker), even though XRP closed 2025 about 12% lower amid a broader market pullback. That suggests institutions are allocating capital around infrastructure and ecosystem play—not solely speculative bets on token price. Bottom line BNY Mellon’s tokenized deposits and its decision to work with Ripple Prime are more than a product launch: they’re a signal that institutional finance is experimenting with on-chain equivalents of cash. For Ripple, the partnership strengthens its institutional narrative and could help sustain an adoption-driven cycle in 2026 centered on tokenized cash flows and payment rails. Disclaimer: This content is informational and not investment advice. Cryptocurrency trading and investing carry high risks; do your own research before making decisions. © 2026 AMBCrypto Read more AI-generated news on: undefined/news

#CBDC #ETF #XRP