Standard Chartered adds Ripple USD custody, eyes LMAX collateral deal

Bullish-0.03%
12 Oct, 09:30
Source: Cointelegraph

AI Summary

Standard Chartered launches custody for Ripple's RLUSD stablecoin on the XRP Ledger, enabling institutional collateral usage and expanding mainstream banking integration for the digital asset.

Standard Chartered adds Ripple USD custody, eyes LMAX collateral deal

Standard Chartered has launched custody for Ripple’s RLUSD stablecoin on the XRP Ledger and plans to let institutions use the tokens as trading collateral.