Standard Chartered Launches RLUSD Custody on XRP Ledger
Standard Chartered has introduced institutional custody for Ripple USD (RLUSD) on the XRP Ledger, expanding its digital asset services.
Standard Chartered has introduced institutional custody for Ripple USD (RLUSD) on the XRP Ledger, expanding its digital asset services. XRP (XRP) is trading at $1.37, down 0.7% since this brief published. This is an original TLT brief synthesising 3 outlets (The News Crypto, CoinCodex, CryptoSlate), plus live market data, as of Tue, 13 Oct 2026 09:00:04 UTC.
This development marks a significant step in institutional adoption of stablecoins and blockchain technology, providing a regulated avenue for clients to access RLUSD through a major financial institution. It also strengthens the utility of the XRP Ledger and could drive demand for RLUSD.
- Standard Chartered launched RLUSD custody on XRP Ledger via its DIFC entity.
- RLUSD has a $2.42B circulating supply [DeFiLlama].
- The service aims to facilitate institutional access to Ripple's stablecoin.
Multiple outlets, including The News Crypto and CoinCodex, confirm that Standard Chartered has launched institutional custody services for RLUSD on the XRP Ledger through its Dubai International Financial Centre entity. The News Crypto emphasizes the service's availability for eligible clients, while CoinCodex adds that the bank is exploring using RLUSD as collateral for LMAX trading products, indicating potential future integrations. No outlets contradict these core facts.
- Standard Chartered Launches RLUSD Custody on XRP Ledger — this brief
- Standard Chartered Launches RLUSD Custody on XRP Ledger for Institutions
Standard Chartered has announced the launch of 
Ripple USD (RLUSD) custody services on the 
XRP Ledger, marking a significant development in the institutional adoption of blockchain-based stablecoins. The service is available through the bank's Dubai International Financial Centre (DIFC) entity, as reported by The News Crypto and corroborated by CoinCodex.
The launch, announced on October 12, 2026, allows eligible clients to access RLUSD through Standard Chartered's digital asset custody services. This move is part of the bank's broader strategy to integrate digital assets into its traditional financial services offerings.
According to DeFiLlama, the circulating supply of RLUSD is $2.42 billion, highlighting the stablecoin's significant market presence. The XRP Ledger, which underpins the custody service, has seen increased activity and interest as more financial institutions explore its capabilities.
CoinCodex further reports that Standard Chartered is exploring the use of RLUSD as collateral for LMAX trading products, suggesting potential future applications and integrations for the stablecoin. This aligns with the bank's efforts to bridge traditional finance with digital asset markets.
In the current market context, the total crypto market cap stands at $2.89 trillion, with 
Bitcoin down 0.61% in the last 24 hours. XRP, the native token of the XRP Ledger, is trading at $1.38, having fallen 2.81% in the past day. The Fear & Greed Index is at 57, indicating a state of 'Greed' in the market.
Since this brief published about 21 hours ago, XRP (XRP) has moved from $1.38 to $1.37 — -0.72%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₦1,871.24 (about $1.37), down 2.3% over 24 hours. The naira itself trades about 2.6% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 13, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Standard Chartered Launches RLUSD Custody on XRP Ledger — questions & answers
What is RLUSD and why is it important?
RLUSD is a stablecoin issued by Ripple with a $2.42B circulating supply. Its custody on the XRP Ledger through Standard Chartered provides institutional clients with a regulated way to access digital assets.
How does this affect the XRP Ledger?
The integration of RLUSD custody on the XRP Ledger could drive increased usage and demand for the platform, enhancing its position in the digital asset ecosystem.
What is the significance of Standard Chartered's move?
This move signifies growing institutional interest in digital assets and stablecoins, with a major bank providing custody services and potentially expanding into collateralized trading.
How much is 1 XRP worth in naira today?
About ₦1,871.24 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.37. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.
Has XRP's price moved since this brief was published?
XRP is down 0.72% since this brief first published — trading at $1.37 now versus $1.38 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from The News Crypto, CoinCodex, CryptoSlate, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.