Standard Chartered Launches RLUSD Custody for Institutional Clients
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Standard Chartered launches RLUSD custody on the XRP Ledger, while Ripple and LMAX Group plan a new trading collateral system. Standard Chartered has launched institutional custody services for Ripple’s RLUSD stablecoin on the XRP Ledger. The service provides qualified institutional buyers with access to the bank’s digital asset custody platform. The bank is also collaborating with Ripple and LMAX Group to increase the adoption of RLUSD for institutional trading. Standard Chartered expands RLUSD Custody Services Standard Chartered announced on October 12 that it provides RLUSD custody services in its Dubai International Financial Centre branch.
Source: Live Bitcoin News
