Standard Chartered offers RLUSD custody in Dubai, plans LMAX collateral link

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Standard Chartered's digital assets division now offers custody services for the RLUSD stablecoin in Dubai. The bank also plans to facilitate the use of RLUSD as collateral on the LMAX Digital trading platform. This follows a previous $150 million financing arrangement from Ripple to LMAX to integrate the stablecoin. The moves aim to expand institutional access to RLUSD within regulated frameworks.

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