Standard Chartered to Custody Ripple Stablecoin in Dubai for Off-Exchange Trading
Key Highlights: Standard Chartered is expanding its institutional digital asset custody services to support Ripple’s USD-pegged stablecoin, RLUSD, specifically on the XRP Ledger. Through a planned collaboration with LMAX Group, clients will be able to utilize RLUSD as margin collateral via an off-exchange “collateral mirroring” structure. The collateral mirroring model ensures that assets remain safeguarded ...
