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69 Greed

Standard Chartered launches RLUSD institutional custody, LMAX plans collateral integration

Standard Chartered launches RLUSD institutional custody, LMAX plans collateral integration Image: Crypto Briefing
Image via Crypto Briefing.

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. The bank plans to expand stablecoin custody services to Singapore by the end of 2026. A planned partnership with LMAX Group will let clients use RLUSD held at Standard Chartered as trading collateral without transferring tokens to the exchange, though that collateral service is not yet live.

Key points

  1. Standard Chartered operates institutional digital asset custody across the UAE, Luxembourg, Hong Kong and Singapore
  2. Standard Chartered launched institutional custody for Ripple's RLUSD stablecoin on the XRP Ledger
  3. A planned LMAX Group partnership will let clients use RLUSD held at Standard Chartered as trading collateral

Why it matters

The launch gives institutional investors a regulated way to hold RLUSD, while the planned LMAX integration will let them use the stablecoin as trading collateral without transferring assets to an exchange. Standard Chartered's expanding custody footprint increases digital asset access for clients across global markets.

What's unclear

Whether RLUSD and XRP Ledger assets will be included in Standard Chartered's planned Singapore custody service is unconfirmed
No launch timeline has been provided for the planned RLUSD collateral integration with LMAX Group

Price context · RLUSD

At publication
$1.00
Now
$1.00
Change since
+0.00%
7 days · dashed line = publication

Sources · 6 publishers

Crypto Briefing Tier 2 First report
Standard Chartered builds out institutional custody amid unconfirmed RLUSD reports
Coinpedia Tier 3
Ripple RLUSD Custody Goes Live at Standard Chartered, LMAX Plans Collateral Integration
Cointelegraph Tier 1
Standard Chartered adds Ripple USD custody, eyes LMAX collateral deal
The Block Tier 1
Standard Chartered launches custody for Ripple’s RLUSD on XRP Ledger
CoinGape Tier 2
BREAKING: Standard Chartered Launches Custody for Ripple’s RLUSD Stablecoin
Crypto.news Tier 2
Standard Chartered adds Ripple’s RLUSD to crypto custody

Coverage timeline

  1. First reported by Crypto Briefing
  2. Confirmed by Coinpedia
  3. CryptoVideos brief published
  4. 1 more publisher added to sources
How this brief was made. Our system found this event in 6 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error

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