Standard Chartered launches RLUSD institutional custody, LMAX plans collateral integration
Standard Chartered has launched institutional custody for Ripple's RLUSD stablecoin on the XRP Ledger via its Dubai International Financial Centre branch, regulated by the Dubai Financial Services Authority.
- Standard Chartered operates institutional digital asset custody across the UAE, Luxembourg, Hong Kong and Singapore
- Standard Chartered launched institutional custody for Ripple's RLUSD stablecoin on the XRP Ledger
- A planned LMAX Group partnership will let clients use RLUSD held at Standard Chartered as trading collateral