Key Highlights: Standard Chartered has secured regulatory approval from the Dubai Virtual Assets Regulatory Authority (VARA) to offer cryptocurrency trading to wealthy retail clients. Trades are executed via Zodia Markets, an institutional crypto platform backed by the banking giantās innovation unit, SC Ventures. The offering is restricted to qualified professional investors in the UAE and ...
Key Highlights: Standard Chartered has postponed its forecast for the stablecoin market to reach $2 trillion until 2030, even as transfer volumes surge. While circulating supply grew only 6% in a year to approximately $303 billion, monthly transfer volumes climbed dramatically to roughly $10 trillion in 2026. Regulatory shifts, including the impending GENIUS Act, could ...
Key Highlights: Standard Chartered has rolled out a direct cryptocurrency trading service for affluent clients in the United Arab Emirates. Eligible professional investors can trade spot bitcoin (BTC) and ether (ETH) directly through their existing bank accounts using a closed-loop custody system. The offering operates via SC Ventures-backed Zodia Markets and has obtained regulatory licensing ...
Key Highlights Thirteen emerging startups have been selected to build next-generation applications on the XRP Ledger (XRPL), covering payments, artificial intelligence, credit, and trade documentation. Ripple’s dollar-pegged stablecoin, Ripple USD ($RLUSD), plays a central role across multiple solutions, including e-commerce settlement and collateralized borrowing. Surging agentic AI transactions and institutional developmentsāincluding initiatives with Standard Chartered, ...
Key Highlights: Santiment’s analysis reveals that the growth of Ripple’s stablecoin, RLUSD, does not directly correlate with price increases for XRP. Financial institutions can leverage RLUSD across multiple blockchains for payments and collateral without needing to buy or hold XRP directly. Long-term XRP valuation depends primarily on institutional XRP Ledger (XRPL) transaction activity, liquidity growth, ...
Key Highlights: Standard Chartered is rolling out custody services for Ripple’s RLUSD stablecoin via its DFSA-regulated Dubai International Financial Centre (DIFC) branch. A collateral mirroring model with institutional trading operator LMAX Group will permit institutions to leverage RLUSD holdings for trading without transferring underlying tokens off the bank’s balance sheet. The initiative builds upon a ...
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 ...
Key Highlights: Ripple is advancing efforts to establish its $RLUSD stablecoin as a key settlement and collateral asset across institutional trading systems. Following a $150 million financing deal with LMAX in January, Ripple aims to integrate $RLUSD directly into collateral infrastructure rather than restricting it to spot settlement. Global banking giant Standard Chartered continues its ...
Key Highlights: Standard Chartered provides digital asset custody services to eligible corporate clients via its Dubai International Financial Centre (DIFC) branch. The bank is collaborating with Ripple and LMAX Group to enable Ripple’s $RLUSD stablecoin to serve as collateral under its Collateral Mirroring model. The initiative allows institutional investors to access trading liquidity and mitigate ...
Key Highlights Standard Chartered plans to launch digital asset custody services in Singapore covering selected cryptocurrencies, stablecoins, and tokenized real-world assets. The service will cater strictly to institutional and accredited corporate clients under the bank’s financing and securities-services division, subject to regulatory approvals. This initiative marks an expansion of Standard Chartered’s digital asset footprint beyond ...
Key Highlights Anchorage Digital is expanding its institutional platform to unify fiat banking and digital asset operations, eliminating the need for fragmented service providers. Clients gain access to institutional USD accounts, named virtual accounts with distinct routing details, SWIFT rails, and the Atlas settlement network alongside custody and trading. The initiative deepens Anchorage Digital’s presence ...
Key Highlights: Geoffrey Kendrick identifies Uniswap ($UNI), Morpho ($MORPHO), Aave ($AAVE), and Arbitrum ($ARB) as top beneficiaries of the permanent shift toward real-world asset tokenization. Projections place long-term 2030 targets at over $100 for Uniswap, $3,500 for Aave, $60 for Morpho, and $10 for Arbitrum. The wider institutional migration is tied to bank forecasts projecting ...