Ripple RLUSD Stablecoin In Focus As BNY Mellon Eyes 24/7 Tokenized US Treasuries Settlement

BNY Mellon has announced plans to implement a 24/7 settlement system for U.S. Treasury markets, aiming to support both traditional and tokenized assets by 2027. The banking giant has already conducted after-hours Treasury transactions with stablecoin issuers and intends to launch pilot programs on its private blockchain before the end of 2026. This initiative aligns with the broader institutional shift toward "always-on" financial infrastructure, which seeks to eliminate the limitations of traditional banking hours. Ripple is positioning its RLUSD stablecoin as a key component of this evolution, following a recent partnership where BNY Mellon was appointed as the primary reserve custodian for the asset. By integrating stablecoins with conventional financial systems, BNY Mellon aims to enhance liquidity and efficiency in cross-border and enterprise payments. This development is significant for the RWA market as it signals a major move by a top-tier custodian to bridge the gap between legacy Treasury markets and blockchain-based settlement. The collaboration underscores the growing institutional demand for regulated, transparent digital assets to facilitate high-volume, real-time financial operations.