Standard Chartered launches custody for Ripple’s RLUSD stablecoin

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  Standard Chartered has launched custody services for Ripple’s RLUSD stablecoin for eligible institutional clients.

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  The service is offered through the bank’s Dubai International Financial Centre branch, regulated by the Dubai Financial Services Authority.

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  It supports RLUSD on the XRP Ledger.

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  Standard Chartered, Ripple and LMAX Group have also agreed to a three-way collaboration to enable RLUSD to be used as eligible trading collateral.

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  A collateral mirroring model is intended to let clients trade without transferring the original tokens to the LMAX Group platform.

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  Commercial rollout is expected in stages after final paperwork and regulatory approval.

Who

Standard Chartered, Ripple and LMAX Group are involved; eligible institutional clients can access the custody service.

What

Standard Chartered launched custody for Ripple’s RLUSD stablecoin and agreed to collaborate on its use as trading collateral.

When

The article was published on October 12, 2026; commercial rollout is expected after final paperwork and regulatory approval.

Where

Through Standard Chartered’s Dubai International Financial Centre branch in the United Arab Emirates; the supported network is the XRP Ledger.

Why

The service is intended to offer institutional clients secure custody, liquidity and a way to use RLUSD as trading collateral.

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