Key facts
- Standard Chartered has launched custody services for Ripple's RLUSD stablecoin on the XRP Ledger.
- The service is available through Standard Chartered's Dubai International Financial Centre branch, regulated by the DFSA.
- Standard Chartered plans to allow eligible institutional clients to use RLUSD as trading collateral.
- The collateral model would allow LMAX Group to recognize RLUSD value without clients transferring tokens.
- Ripple and LMAX Group announced a partnership in January 2026 to expand institutional use of RLUSD.
Standard Chartered has launched institutional custody services for Ripple's RLUSD stablecoin, marking a step towards broader adoption of digital assets within traditional finance. The bank announced Monday that its Dubai International Financial Centre (DIFC) branch now supports custody for the stablecoin on the XRP Ledger (XRPL), making it accessible to eligible institutional clients.