Standard Chartered launches RLUSD custody; LMAX Group and Ripple plan RLUSD collateral integration
Standard Chartered's institutional custody of RLUSD on the XRP Ledger is now live through its DIFC Branch, regulated by the Dubai Financial Services Authority. LMAX Group, Ripple and Standard Chartered separately intend to make RLUSD eligible collateral for agreed LMAX Group products and to extend Standard Chartered's collateral mirroring model to LMAX, subject to documentation, testing and approvals.
- Published
- Source
- LMAX Group official press releases