# Standard Chartered Launches Institutional Custody for Ripple RLUSD

- URL: https://stocks.freetheai.org/news/standard-chartered-launches-institutional-custody-for-ripple-rlusd-4484db
- Published: 2026-10-12T08:21:10Z
- Category: crypto; sentiment: bullish; impact: medium
- Symbols: [CRYPTO:RLUSDUSD](https://stocks.freetheai.org/symbols/CRYPTO-RLUSDUSD), [LSE:STAN](https://stocks.freetheai.org/symbols/LSE-STAN)
- Written by our AI from expert market sources across the web for FreeTheAI Stocks, built by Vibhek Soni
- How write-ups are made: https://stocks.freetheai.org/how-we-write
- Not financial advice: https://stocks.freetheai.org/disclaimer

Standard Chartered PLC (STAN) has introduced institutional custody for Ripple USD (RLUSD), a dollar-backed stablecoin issued on the XRP Ledger. The custody offering is delivered via the bank's Dubai International Financial Centre branch, which is regulated by the Dubai Financial Services Authority. In addition, the financial institution is collaborating with Ripple and LMAX Group to evaluate using RLUSD as trading collateral.

Under the planned collateral mirroring arrangement, client holdings of RLUSD remain in custody with Standard Chartered PLC (STAN) while LMAX Group mirrors their value for margin purposes. This structure is intended to allow institutional clients to engage in trading without physically moving digital assets to an exchange, helping to diminish transfer risks and counterparty exposure while optimizing capital efficiency.

The integration of RLUSD as eligible collateral remains subject to final commercial agreements, platform testing, internal risk approvals, and regulatory sign-offs. Investors will track these upcoming regulatory and operational milestones to gauge broader institutional stablecoin adoption.

## Key points

- Standard Chartered PLC (STAN) launched institutional custody for Ripple's RLUSD stablecoin via its Dubai DIFC branch.
- Standard Chartered, Ripple, and LMAX Group are exploring plans to accept RLUSD as trading collateral.
- A collateral mirroring model will keep client assets in bank custody while reflecting their value on LMAX.
- The collateral feature will launch after formal agreements, platform testing, and regulatory approvals are completed.

## Questions and answers

### What custody service did Standard Chartered launch for Ripple RLUSD?

Standard Chartered launched institutional custody for Ripple's RLUSD stablecoin through its Dubai DIFC branch, which is regulated by the Dubai Financial Services Authority.

### How does Standard Chartered's collateral mirroring model work with LMAX?

The collateral mirroring model keeps clients' RLUSD in bank custody at Standard Chartered while LMAX Group reflects its asset value as trading collateral, reducing direct transfer and counterparty risks.

### When will RLUSD collateral support be officially introduced?

RLUSD collateral functionality will be introduced after the companies complete final agreements, platform testing, regulatory reviews, and internal approvals.