Standard Chartered Adds Ripple’s RLUSD to Dubai Custody Suite, Plans Collateral Mirroring with LMAX
The bank now safeguards Ripple’s dollar-pegged stablecoin in Dubai and aims to let clients use it as trade collateral without moving the tokens.
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The bank now safeguards Ripple’s dollar-pegged stablecoin in Dubai and aims to let clients use it as trade collateral without moving the tokens.
Standard Chartered’s Dubai unit now offers institutional custody for Ripple’s RLUSD stablecoin and plans to let the token serve as collateral on LMAX.
Standard Chartered has begun offering institutional custody for Ripple’s RLUSD stablecoin and is exploring a collateral-mirroring partnership with LMAX Group.