Standard Chartered offers RLUSD custody in Dubai and plans LMAX collateral link
Bullish-0.02%
12 Oct, 12:09
Source: CoinDesk
AI Summary
Standard Chartered introduces RLUSD custody in Dubai while planning collateral links with LMAX, signaling growing institutional adoption for Ripple's stablecoin.
Ripple previously gave LMAX $150 million in financing to integrate RLUSD into its institutional infrastructure.