Standard Chartered launches RLUSD custody, plans LMAX collateral link
Standard Chartered has launched custody for Ripple's RLUSD stablecoin, with its Dubai branch offering the service, according to multiple newswires. The bank is working with Ripple and LMAX Group on a planned link that would let institutions use RLUSD as trading collateral without moving the tokens to the venue. Ripple previously gave LMAX $150 million in financing to integrate RLUSD into its institutional infrastructure.
Why “Unverified”
- 5 independent sources (Cointelegraph, The Block, CoinDesk, The Defiant, Decrypt), but no primary confirmation
5 independent source groups across 5 posts · evidence score 98/100. How labels work
Market around the story
| Asset | Price at first report | 6h before | 1h before | 1h after | 6h after | 1h move vs normal | 24h volume vs median |
|---|---|---|---|---|---|---|---|
| XRP | $1.40 | −0.07% | −0.48% | −0.02% | −2.3% | 0.0σ | 0.5× |
Returns are measured from the moment the story first appeared. “vs normal” compares the move with the asset's typical hourly move over the previous 30 days.
What the sources claim
-
Standard Chartered launched custody for Ripple's RLUSD on the XRP Ledger. XRP
“Standard Chartered launches custody for Ripple’s RLUSD on XRP Ledger”
The Block -
Standard Chartered's Dubai branch offers RLUSD custody and plans an LMAX link for collateral use. XRP
“The bank's Dubai branch now offers custody for Ripple's RLUSD stablecoin and plans a link with LMAX”
Decrypt -
Standard Chartered plans to let institutions use RLUSD as trading collateral. XRP
“plans to let institutions use the tokens as trading collateral”
Cointelegraph -
A planned LMAX link would let institutions use RLUSD as collateral without transferring it to the trading venue. XRP
“use the stablecoin as collateral without transferring it to the trading venue”
The Defiant -
Ripple previously gave LMAX $150 million in financing to integrate RLUSD into its institutional infrastructure. XRP
“Ripple previously gave LMAX $150 million in financing to integrate RLUSD into its institutional infrastructure.”
CoinDesk
Sources
- Standard Chartered adds Ripple USD custody, eyes LMAX collateral deal
- Standard Chartered launches custody for Ripple’s RLUSD on XRP Ledger
- Standard Chartered offers RLUSD custody in Dubai and plans LMAX collateral link
- Standard Chartered Launches RLUSD Custody Through Dubai Branch
- Standard Chartered Will Hold Ripple's Stablecoin in Dubai—And Let Clients Trade With It Without Moving It
More on XRP
Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-12 21:20 UTC. Labels are computed from the sources, not by the model.