CryptoDecryptabout 1 hour ago
Standard Chartered Custodies Ripple RLUSD in Dubai
2 min read
Standard Chartered's Dubai branch now offers institutional custody for Ripple's RLUSD stablecoin issued on the XRP Ledger. The bank plans to integrate with LMAX Group for collateral mirroring, allowing clients to trade without moving tokens. RLUSD holds a market cap of roughly $2.45 billion. The service launched Monday after receiving regulator approval in June 2025.
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