Ripple RLUSD Custody Goes Live at Standard Chartered, LMAX Plans Collateral Integration

Standard Chartered launched institutional custody for Ripple USD (RLUSD) on the XRP Ledger, allowing eligible clients to securely hold the stablecoin. A planned partnership with Ripple and LMAX Group will enable institutions to use RLUSD as trading collateral without transferring tokens, expanding its utility in institutional finance.