Standard Chartered just went live with institutional custody for $RLUSD.

They're partnering with Ripple to let clients use it as trading collateral — basically mirroring the $XRP Ledger asset without moving funds around.

TradFi banks are no longer sitting on the sidelines. When a bank this size starts offering custody and collateral solutions for stablecoins, it's a signal that institutional infrastructure is getting real.

This isn't just adoption theater. It's rails being built for the next wave of capital.