"XRP experiences a significant surge in value following the announcement of a strategic partnership with BNY Mellon, one of the largest and oldest financial institutions in the United States, which aims to enhance the integration of cryptocurrency into traditional finance. Additionally, this rise is bolstered by the expansion of stablecoin offerings in the market, further establishing XRP's position within the evolving landscape of digital assets and highlighting the growing acceptance of cryptocurrencies by mainstream financial entities."
source: https://blocknews.com/xrp-surges-on-bny-mellon-partnership-and-stablecoin-expansion/