Standard Chartered Expands Into $RLUSD Custody as Ripple Targets Institutional Finance
Standard Chartered’s Dubai branch now offers institutional custody for Ripple’s $RLUSD stablecoin on the $XRP Ledger. A planned partnership with LMAX Group could allow clients to use RLUSD as trading collateral, subject to testing, regulatory requirements, and approvals—marking another step toward institutional stablecoin adoption.
#Ripple #RLUSD #XRP #CryptoNews #Stablecoins
Standard Chartered’s Dubai branch now offers institutional custody for Ripple’s $RLUSD stablecoin on the $XRP Ledger. A planned partnership with LMAX Group could allow clients to use RLUSD as trading collateral, subject to testing, regulatory requirements, and approvals—marking another step toward institutional stablecoin adoption.
#Ripple #RLUSD #XRP #CryptoNews #Stablecoins