{"id":60313,"date":"2026-10-12T11:44:11","date_gmt":"2026-10-12T11:44:11","guid":{"rendered":"https:\/\/www.bitrabo.com\/discover\/?p=60313"},"modified":"2026-10-12T11:44:11","modified_gmt":"2026-10-12T11:44:11","slug":"standard-chartered-partners-with-ripple-xrp-in-crypto-move","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/standard-chartered-partners-with-ripple-xrp-in-crypto-move\/","title":{"rendered":"Standard Chartered Partners with Ripple (XRP) in Crypto Move"},"content":{"rendered":"<p> <\/p>\n<p>Standard Chartered has entered the institutional cryptocurrency space by launching custody services for Ripple&#8217;s stablecoin, RLUSD, from its Dubai International Financial Centre (DIFC) branch. This move highlights the bank&#8217;s growing focus on digital assets beyond Bitcoin and Ethereum.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Launching_Custody_Services_for_RLUSD\"><\/span>Launching Custody Services for RLUSD<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The launch of custody services marks a significant expansion of Standard Chartered&#8217;s offerings in the XRP Ledger-based stablecoin infrastructure. Eligible corporate clients will be able to hold their RLUSD assets securely within the bank&#8217;s custody framework. The bank&#8217;s partnership with Ripple and LMAX Group is also aimed at integrating RLUSD into existing collateral structures, enhancing its utility in trading and transactions.<\/p>\n<p>Specifically, the collaboration focuses on how RLUSD can be accepted as collateral under the bank&#8217;s Collateral Mirroring model. This model allows assets held in custody to be used for collateral on various trading platforms, thus providing institutions with liquidity and minimizing counterparty risks without necessitating the transfer of assets.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Implications_for_Institutional_Cryptocurrency_Adoption\"><\/span>Implications for Institutional Cryptocurrency Adoption<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This latest development is expected to amplify RLUSD&#8217;s role in institutional custody and trading practices. The partnership between Ripple and LMAX Group is another step toward promoting the stablecoin&#8217;s adoption in institutional markets. According to Jack McDonald, Senior Vice President of Stablecoins at Ripple, RLUSD was conceptualized for institutional use, allowing clients to leverage the efficiency of a regulated stablecoin while trusting established custody standards. By combining RLUSD with Standard Chartered&#8217;s custody expertise and LMAX Group&#8217;s transaction capabilities, institutions can more effectively utilize stablecoins in global markets.<\/p>\n<p>This is not investment advice.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Standard Chartered has entered the institutional cryptocurrency space by launching custody services for Ripple&#8217;s stablecoin, RLUSD, from its Dubai International Financial Centre (DIFC) branch. This move highlights the bank&#8217;s growing focus on digital assets beyond Bitcoin and Ethereum. Launching Custody Services for RLUSD The launch of custody services marks a significant expansion of Standard Chartered&#8217;s [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":60314,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Standard Chartered Partners with Ripple (XRP) in Crypto Move - Bitrabo","description":"Standard Chartered has entered the institutional cryptocurrency space by launching custody services for Ripple's stablecoin, RLUSD, from its Dubai International"},"_slim_seo_primary_term_category":0,"_slim_seo_primary_term_post_tag":0,"footnotes":""},"categories":[316],"tags":[4270,4470,1128,596,1995,496,1110,575,1488,517],"class_list":["post-60313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-chartered","tag-chooses","tag-critical","tag-cryptocurrency","tag-details","tag-market","tag-move","tag-ripple","tag-standard","tag-xrp"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/60313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=60313"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/60313\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/60314"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=60313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=60313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=60313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}