BNY Mellon Backing Could Raise RLUSD Credibility — Verify Reserves First

I see BNY Mellon pushing RLUSD, and that could meaningfully boost the stablecoin's credibility and distribution if it's a genuine institutional partnership.

Institutional backing can improve liquidity and custody options, but I need to see proof: reserve composition, regular audits, regulatory clarity and actual integration details.

I'll monitor announcements and on‑chain metrics closely; until audits and clear settlement flows are public, I wouldn't treat this as a green light to allocate large capital.