Why custody Is Trending Today?

BDACS, a South Korean regulatory compliant custody provider, has launched institutional XRP custody services, granting XRP access to major exchanges and unlocking explosive growth in the Korean market. Ripple, the company behind XRP, has partnered with BDACS to support RLUSD, a stablecoin pegged to the South Korean won. This move comes amidst strong interest from Korean institutions and a retail boom in the country. The XRP custody services, now live, aim to provide secure and compliant storage solutions for Korean institutions, potentially driving XRP's price and institutional adoption in the region.