Standard Chartered now supports eligible institutional RLUSD custody through its DIFC branch; a separate LMAX collateral arrangement is planned.
- Standard Chartered has launched institutional custody for Ripple USD (RLUSD) through its DIFC branch.
- The bank is also collaborating with Ripple and LMAX Group on a collateral model to mirror RLUSD value to trading venues without direct token movement.
- This initiative aims to enhance collateral mobility and operational efficiency for institutional stablecoin markets.
Topics: Asset types, Infrastructure providers, Integration with defi, Stablecoins digital cash, Major financial incumbents, Rwa collateral lending
Tags: #standardchartered #rlusd #rippleusd #xrpledger #custody #institutional #collateral #lmaxgroup #stablecoin
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