Standard Chartered Adds XRP Ledger Custody for Ripple’s RLUSD
Standard Chartered’s digital asset custody service now supports Ripple’s RLUSD on the XRP Ledger for eligible institutional clients.
Eligible institutional clients can now hold Ripple USD (RLUSD) issued on the XRP Ledger with Standard Chartered’s digital asset custody service.
The addition broadens access to bank-provided custody for the stablecoin, giving qualifying institutions another way to safeguard their RLUSD holdings.
A planned integration with LMAX aims to support RLUSD’s future use as trading collateral. That functionality is described as a next step rather than part of the current custody launch.
Source: Bitcoin.com News
