Standard Chartered has launched institutional custody for Ripple's RLUSD stablecoin on the XRP Ledger through its Dubai International Financial Centre (DIFC) branch. The bank plans to let LMAX Group recognize eligible RLUSD holdings as trading collateral while clients keep the tokens in custody, rather than transferring them to LMAX's platform, which could reduce transfer-related risks. These additional collateral capabilities remain subject to final documentation, testing, regulatory requirements and internal approvals. Ripple and LMAX had announced a partnership in January 2026 to expand institutional use of the stablecoin.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Cointelegraph ↗
Related tickers and likely impact
XRP/USDT
▲ Likely positiveXRP
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $81.8B |
| Close on 10/11/2026 | 1.41030 |
| Change that session | +0.56% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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