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Standard Chartered Launches RLUSD Custody Service, Taps into Ripple Blockchain Innovations

Standard Chartered Launches RLUSD Custody Service, Taps into Ripple Blockchain Innovations

Standard Chartered brings Ripple’s RLUSD into banking custody after $765 million quarterly surge
Standard Chartered brings Ripple’s RLUSD into banking custody after $765 million quarterly surge

Eligible clients can custody XRPL-issued RLUSD through the DIFC branch; the planned LMAX collateral link remains conditional and undated.

Standard Chartered adds Ripple USD custody, eyes LMAX collateral deal
Standard Chartered adds Ripple USD custody, eyes LMAX collateral deal

Standard Chartered has launched custody for Ripple’s RLUSD stablecoin on the XRP Ledger and plans to let institutions use the tokens as trading collateral.

Standard Chartered offers RLUSD custody in Dubai and plans LMAX collateral link
Standard Chartered offers RLUSD custody in Dubai and plans LMAX collateral link

Ripple previously gave LMAX $150 million in financing to integrate RLUSD into its institutional infrastructure.

Big Ripple (XRP) Development as Standard Chartered Goes Live With RLUSD Custody
Big Ripple (XRP) Development as Standard Chartered Goes Live With RLUSD Custody

The massive banking organization has taken another step into digital assets by launching institutional custody for Ripple USD on the XRP Ledger.

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