Ripple partners with BBVA to offer digital asset custody services for retail clients in Spain, expanding from collaborations in Switzerland and Turkey. Ripple’s technology enables secure and compliant crypto services, meeting increasing demand post-MiCA regulations in Europe. BBVA’s move follows a trend of major banks entering the digital assets space, like Deutsche Bank and Standard Chartered. Ripple also extends stablecoin RLUSD into Africa, partnering with fintech platforms for regulated cross-border payments. RLUSD surpasses $700 million in supply and is utilized in real-world use cases like climate risk insurance programs in Kenya. AMINA bank becomes the first globally to support RLUSD, offering custody and trading services with plans for expansion.

Read more at Yahoo Finance: Ripple Expands Partnership with Spanish Banking Giant BBVA to Power Crypto Custody