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News: Standard Chartered

Diagram: RLUSD on the XRP Ledger held in Standard Chartered custody, with its value mirrored to LMAX as planned collateral while the token itself is not transferred
Standard Chartered ·

Standard Chartered Launches RLUSD Custody, Plans LMAX Collateral Link

Standard Chartered now holds Ripple's RLUSD stablecoin on the XRP Ledger for institutional clients through its DIFC branch, and plans to let LMAX accept it as collateral without moving the tokens.

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