Standard Chartered Will Hold Ripple's Stablecoin in Dubai—And Let Clients Trade With It Without Moving It

Crypto Insight Summary: The bank's Dubai branch now offers custody for Ripple's RLUSD stablecoin and plans a link with LMAX that lets institutions post it as trading collateral while the coins stay put. Crypto Insight Analysis: Direction: Bullish RLUSD Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Institutional adoption of RLUSD as collateral boosts its credibility and liquidity.