Standard Chartered Launches Custody for Ripple's RLUSD Stablecoin

Hyperdash News10/12/2026 12:43 UTCCrypto

Standard Chartered has officially launched custody services for Ripple's RLUSD stablecoin on the

Ripple Ledger. This initiative aims to provide institutional support for the digital asset. The bank's move could enhance the stability and adoption of the stablecoin within the market.

The introduction of custody services by a major financial institution like Standard Chartered signals increasing institutional interest in stablecoins and the

Ripple Ledger. This development could broaden the appeal of RLUSD to a wider range of investors and users. Hyperdash markets have

Ripple off -0.04% since the news.

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