News · Crypto · Cointelegraph · Mon, Oct 12, 2026 10:00 AM
Standard Chartered adds Ripple USD custody, eyes LMAX collateral deal
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Standard Chartered now offers custody for Ripple’s RLUSD stablecoin on XRP Ledger and plans to allow institutional use as collateral.
Standard Chartered has introduced custody services for Ripple’s RLUSD stablecoin on the XRP Ledger, enabling institutions to hold the token securely.
The bank also announced plans to allow RLUSD to be used as collateral for trading, potentially partnering with LMAX for broader market access.
These developments signal growing institutional interest in Ripple’s ecosystem and could expand the use of stablecoins in regulated trading environments.
RLUSD Custody and Collateral Plans
Based on reporting from Cointelegraph. Read the original.
OpenBook analysis
Market impact
The launch of RLUSD custody may influence institutional adoption of stablecoins on the XRP Ledger and could broaden collateral options for derivatives and spot trading. Traders may monitor Standard Chartered’s rollout as it signals growing confidence in Ripple’s ecosystem.
Assets in focus
General market context for education only, not investment advice.
This briefing was summarized with automated tools from public reporting by Cointelegraph and is general market information, not investment advice. Editorial policy & corrections