Standard Chartered Launches RLUSD Custody on XRPL ✨
Standard Chartered’s DIFC branch in Dubai (DFSA-regulated) now offers institutional custody for Ripple’s RLUSD stablecoin issued on the $XRP Ledger. The bank is also working with Ripple and LMAX Group on a planned collateral-mirroring setup so clients can use bank-held RLUSD as trading collateral without transferring the tokens. The collateral feature is not yet live .
Standard Chartered’s DIFC branch in Dubai (DFSA-regulated) now offers institutional custody for Ripple’s RLUSD stablecoin issued on the $XRP Ledger. The bank is also working with Ripple and LMAX Group on a planned collateral-mirroring setup so clients can use bank-held RLUSD as trading collateral without transferring the tokens. The collateral feature is not yet live .