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

Crypto Insight Summary: The bank is working with Ripple and LMAX Group to enable RLUSD as collateral for certain LMAX products under its collateral mirroring model. Crypto Insight Analysis: Direction: Bullish XRP Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: XRP Ledger integration with institutional custody boosts adoption but limited immediate market impact.