A Critical Move in the Cryptocurrency Market: Standard Chartered Chooses Ripple (XRP)! Here Are the Details

Standard Chartered, which has recently attracted attention with its analyses of various altcoins beyond Bitcoin and Ethereum, has made a move regarding Ripple. According to The Block, Standard Chartered has launched institutional custody services for Ripple's stablecoin RLUSD through its Dubai International Financial Centre branch. Institutional Custody Service for RLUSD Launched! At this point, Standard Chartered announced that it was expanding its XRP Ledger-based stablecoin infrastructure by launching institutional custody services for RLUSD. According to the statement, the service is provided through the bank's Dubai International Financial Centre (DIFC) branch.