Standard Chartered Live RLUSD Custody LMAX Collateral Gap

Community Trust Score Likely Real 78 % Real Likely Real 9 votes Updated 36 seconds ago Standard Chartered announced on October 12 that institutional custody for Ripple USD ( RLUSD ) on the XRP Ledger is live through its branch in the Dubai International Financial Centre (DIFC). The service is available to eligible institutional clients and is regulated by the Dubai Financial Services Authority. The bank confirmed that the custody service is operational for eligible clients. This development allows institutional investors to hold RLUSD through a regulated banking entity in the DIFC jurisdiction.

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Source: The Currency Analytics