Standard Chartered adds Ripple USD custody, eyes LMAX collateral deal

Crypto Insight Summary: Standard Chartered has launched custody for Ripple’s RLUSD stablecoin on the XRP Ledger and plans to let institutions use the tokens as trading collateral. Crypto Insight Analysis: Direction: Bullish XRP Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Institutional custody and collateral use boosts XRP Ledger utility.