XRP News: Standard Chartered Launches Ripple RLUSD Custody on XRPL

The post XRP News: Standard Chartered Launches Ripple RLUSD Custody on XRPL appeared first on Coinpedia Fintech News

Banking giant Standard Chartered has launched institutional custody for Ripple USD (RLUSD) on the XRP Ledger. This gives eligible clients the ability to securely hold the stablecoin through the bank. The move also sets up a planned partnership with Ripple and LMAX Group to let institutions use RLUSD as trading collateral without transferring tokens to …