Wire · operational-macro
Standard Chartered Launches Custodial Storage for RLUSD
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Fusion42 · 12 October 2026 · Fusion42 review
Standard Chartered has launched custodial storage for the RLUSD stablecoin on the XRP Ledger for institutional clients via its DIFC branch, regulated by the Dubai Financial Services Authority. The bank plans to integrate RLUSD collateral use with LMAX Group's trading infrastructure, enabling clients to use RLUSD as trading collateral without transferring assets.
This Wire brief sits within Fusion42's coverage of Fintech, and 3 sources have reported it.
◆ ◆ The Wire takeaway
You can now offer secure RLUSD custodial services to institutional clients in Dubai, backed by Standard Chartered's compliance and a partnership with LMAX Group for collateral use. This unlocks a new market niche requiring rapid onboarding and integration with trading platforms.
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3 sources · 12 Oct 2026
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