Standard Chartered launches custody for Ripple’s RLUSD on XRP Ledger

What happened

The bank is working with Ripple and LMAX Group to enable RLUSD as collateral for certain LMAX products under its collateral mirroring model.

Why it matters

The launch may affect adoption and competitive positioning for Crypto; usage evidence is the next signal to watch.

Affected entities

View evidence

1 reports · 1 original report · 1 independent

1. The BlockPrimary source · Supports · EN · 100%
   Standard Chartered launches custody for Ripple’s RLUSD on XRP Ledger ↗Oct 12, 2026, 5:35 AM

Claims

• Standard Chartered launches custody for Ripple’s RLUSD on XRP Ledger Announced

Conflicts

No material conflict detected in the available evidence.

Timeline

1. October 12, 2026 at 5:35 AMFirst reported

Market move following event

Market reaction is not yet available for this asset and time window.

Score explanation