Standard Chartered’s Role With XRP & RLUSD Explained
Photo: DailyCoin
Standard Chartered has begun holding Ripple’s RLUSD stablecoin on the XRP Ledger, according to a recent video by Kamilah Stevenson, a prominent analyst who covers wealth and banking. Her focus is what comes next: a proposed arrangement allowing institutional clients to trade against those holdings without transferring their collateral to a trading venue. The distinction matters. Bank custody is one service; making those assets available to support trading could give institutions another reason to hold and use stablecoins. The bank holds the collateral; clients trade elsewhere Dr.
Source: DailyCoin
