Standard Chartered, Ripple and LMAX Group Bring RLUSD to Institutional Trading

Standard Chartered launched RLUSD custody through its Dubai DIFC branch, regulated by the Dubai Financial Services Authority. Ripple and LMAX Group are working with the bank to enable RLUSD as trading collateral while assets remain in custody. The planned collateral integration remains subject to documentation, testing, internal approvals and regulatory requirements across jurisdictions. Standard Chartered has launched institutional custody for Ripple USD (RLUSD) on the XRP Ledger (XRPL), while working with Ripple and LMAX Group to expand its use as trading collateral.