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Standard Chartered Launches Ripple USD Custody, Plans Collateral Integration
Crypto

Standard Chartered Launches Ripple USD Custody, Plans Collateral Integration

Source Summary

Standard Chartered has launched custody services for Ripple's RLUSD stablecoin on the XRP Ledger. The bank plans to enable institutional clients to use RLUSD tokens as trading collateral.

Why it matters

The move expands institutional infrastructure for stablecoin trading and signals major bank adoption of blockchain-based settlement assets.

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