• Standard Chartered began institutional custody for Ripple USD (RLUSD) on the XRP Ledger, expanding its digital-asset custody offering.
• Collaboration with Ripple and LMAX Group targets making RLUSD eligible collateral for selected LMAX products under a collateral mirroring model.
• Structure aims to let clients post RLUSD for trading without transferring tokens to the venue, reducing transfer risk and counterparty exposure.
• Custody service is delivered through the bank’s DIFC branch, regulated by the Dubai Financial Services Authority.
• Collateral integration remains subject to documentation, testing, regulatory requirements, and internal approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Standard Chartered plc published the original content used to generate this news brief on October 12, 2026, and is solely responsible for the information contained therein.