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Standard Chartered Will Hold Ripple's Stablecoin in Dubai—And Let Clients Trade With It Without Moving It

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Standard Chartered Will Hold Ripple's Stablecoin in Dubai—And Let Clients Trade With It Without Moving It

The bank's Dubai branch now offers custody for Ripple's RLUSD stablecoin and plans a link with LMAX that lets institutions post it as trading collateral while the coins stay put.

Key Takeaways

  1. The bank's Dubai branch now offers custody for Ripple's RLUSD stablecoin and plans a link with LMAX that lets institutions post it as trading collateral while the coins stay put.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.