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🚀 RIPPLE PROPOSES 4 GOLDEN PRINCIPLES FOR CUSTODY OF DIGITAL ASSETS
Ripple and the Blockchain Association of Singapore (BAS) recently held a workshop on custody & stablecoin, emphasizing that custody is the foundation for stablecoins, tokenized finance, and cross-border payments.
⭐ 4 best practices Ripple recommends:
🟢 Compliance by design – legal compliance from the design stage ( separating assets, recovery process ).
🟢 Suitable model – flexible between third-party, hybrid, or self-custody, going beyond the concept of "hot – cold".
🟢 Sustainable operational capability – disruption resistance, meeting the recovery standards of EU DORA, monitoring & incident response.
🟢 Governance & transparency – clear decentralization, independent oversight, complete audit trail.
🟢 Ripple also promotes the stablecoin RLUSD, issued under the New York Trust license, with separate reserves, independent audits, and 100% USD backing.
➡️ According to Ripple, custody is not only about security but also the key to expanding stablecoins into commercial finance, liquidity, and tokenized digital assets.
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