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Standard Chartered launches institutional custody for Ripple's RLUSD stablecoin with collateral integration via Ripple and LMAX.

Market News
12 Oct 2026
Coincu
View Source
Bullish
Standard Chartered launches institutional custody for Ripple's RLUSD stablecoin with collateral integration via Ripple and LMAX.

Standard Chartered has introduced an institutional custody service for RLUSD, Ripple's dollar-pegged stablecoin, integrating collateral workflows with Ripple and LMAX. This service targets professional clients needing regulated, bank-grade custody linked directly to settlement and collateral processes, enhancing operational efficiency. While RLUSD circulation has reached $2.4 billion, the custody offering aims to boost its use in treasury and collateral markets. Key details like supported jurisdictions, fees, and operational specifics remain undisclosed, requiring institutions to seek direct confirmation before adoption.

XRP, associated with Ripple's RLUSD stablecoin, trades at Rp25.037 on Pluang as of Oct 12, 2026 18:31 WIB. The token shows a positive 1-day change of +0.92%, indicating some recent buying interest. Pluang users currently lean towards buying XRP with 61% of order activity favoring purchases, while the typical hold time is 72 days, reflecting moderate investor engagement.

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