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XRP price dips to $1.36 amid custody shifts to Korean exchanges and new institutional stablecoin custody by Standard Chartered

Market News
13 Oct 2026
CryptoTicker
View Source
Neutral
XRP price dips to $1.36 amid custody shifts to Korean exchanges and new institutional stablecoin custody by Standard Chartered

XRP traded at $1.36 on October 13, down 3.4% from the previous day and nearly 10% from a week ago, with price stuck below key moving averages signaling market indecision. Notably, Korean exchanges Upbit and Bithumb increased their XRP holdings by about 90 million tokens over three weeks, indicating a shift in custody rather than a sell-off. Meanwhile, Standard Chartered began offering institutional custody for Ripple's stablecoin RLUSD on the XRP Ledger, marking a significant step in professionalizing crypto custody. However, the RLUSD stablecoin is not yet authorized for public trading in the EU, and the XRP lending function remains inactive. Investors should watch the $1.39-$1.40 resistance zone for price direction and consider custody and regulatory factors when managing XRP holdings.

As of October 13, 2026, 19:31 WIB, XRP trades at Rp24.397 on Pluang, down 2.20% for the day, contrasting with BNB which is priced much higher at Rp13.239.116 but fell less at 1.17%. XRP's market cap stands at Rp1.533,65 trillion, slightly below BNB's Rp1.759,46 trillion, highlighting XRP's relatively lower valuation despite its larger circulating supply. This comparison underscores XRP's current price challenges amid ongoing custody shifts and regulatory developments.

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