Wire · operational-macro
Standard Chartered Launches RLUSD Custody Through Dubai Branch
◆ Sectors
◆ Geography
◆ Source
◆ Verified
Fusion42 · 12 October 2026 · Fusion42 review
Standard Chartered has launched custody services for Ripple USD (RLUSD) stablecoin via its Dubai International Financial Centre branch, regulated by the Dubai Financial Services Authority. The bank is collaborating with Ripple and LMAX Group to enable RLUSD as eligible collateral on LMAX trading platforms without transferring the stablecoin, reducing operational risk for institutional clients.
This Wire brief sits within Fusion42's coverage of Fintech, and 3 sources have reported it.
◆ ◆ The Wire takeaway
Standard Chartered's new custody of RLUSD through Dubai opens a safer route for institutional stablecoin trading that keeps assets regulated and off exchanges. You can now offer risk-reduced stablecoin collateral services to institutional clients in the Middle East while the market infrastructure evolves.
◆ Coverage
3 sources · 12 Oct 2026
◆ Related on Wire
◆ Topics