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

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: The Block
Standard Chartered launches custody for Ripple’s RLUSD on XRP LedgerWorldPing
Image via The Block.

What happened

The bank is working with Ripple and LMAX Group to enable RLUSD as collateral for certain LMAX products under its collateral mirroring model.

Key facts

  • Reported by The Block and published Mon, 12 Oct 2026 09:35:21 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Ledger attack spreads to EU, AI finds ’18 trillion XRP’ bug: Hodler’s Digest

  2. XRP Ledger defends emergency patch for unlimited XRP bug

  3. Ledger wallet implant exposes a gap in its authenticity check

  4. Ledger says unauthorized implant found in at least one device sold by CryptoBilis

  5. South Korean bank launches Bitcoin-backed business loans: Report

  6. Standard Chartered adds Ripple USD custody, eyes LMAX collateral deal

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

Sources

The original report was published by The Block. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at The Block

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