Ripple’s RLUSD Gains Standard Chartered Custody on the XRP Ledger

Crypto Insight Summary: Eligible institutions can now safeguard Ripple’s RLUSD on the XRP Ledger through Standard Chartered’s digital asset custody service. The launch expands bank-based stablecoin infrastructure, with a planned LMAX integration targeting future use as trading collateral. Standard Chartered Opens Bank Custody for RLUSD Eligible institutions can now place Ripple USD (RLUSD) issued on the XRP Ledger […] Crypto Insight Analysis: Direction: Bullish XRP Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: RLUSD integration on XRP Ledger enhances ecosystem utility, potentially boosting XRP liquidity.