BNY Taps Ripple Prime to Pioneer Programmable Cash for Big Investors

TL;DR:

BNY states that these tokenized deposits will serve as the "connective tissue" between traditional assets and digital rails.

Key Points:

Background:

Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

Why It Matters:

This development could influence XRP price action and market sentiment in the near term.