bitcoin newsOct 12, 2026AI summary

Standard Chartered Offers RLUSD Custody in Dubai, Plans LMAX Link

Standard Chartered is offering RLUSD custody in Dubai and planning a collateral connection with LMAX, according to CoinDesk.

Standard Chartered Offers RLUSD Custody in Dubai, Plans LMAX Link

Standard Chartered is offering custody for Ripple’s RLUSD in Dubai, CoinDesk reported.

The bank also plans a link with LMAX for the token’s use as collateral. That connection remains a planned step, distinct from the custody offering.

Ripple previously provided LMAX with $150 million in financing to support the integration of RLUSD into its institutional infrastructure.

Source: CoinDesk

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