XRP Recovers to $1.35 as Standard Chartered Enters RLUSD Custody Deal
XRP rebounded from $1.32 after Standard Chartered announced a partnership with Ripple and LMAX for RLUSD custody services.
XRP rebounded from $1.32 after Standard Chartered announced a partnership with Ripple and LMAX for RLUSD custody services. XRP (XRP) is trading at $1.33, down 1.5% since this brief published. This is an original TLT brief synthesising 2 outlets (CoinJournal, Crypto Economy), plus live market data, as of Wed, 14 Oct 2026 15:00:06 UTC.
The involvement of a major financial institution like Standard Chartered in RLUSD custody could boost institutional adoption of Ripple's ecosystem. The price recovery suggests market confidence in Ripple's expanding institutional partnerships.
- XRP rebounded from $1.32 to $1.35 after Standard Chartered's RLUSD custody announcement.
- RLUSD has a circulating supply of $2.38B, according to DeFiLlama.
- XRP ETFs have attracted $12M this month, significantly lower than September inflows.
CoinJournal and Crypto Economy both report that XRP rebounded from a recent low near $1.32 to trade around $1.37 on October 14. They agree that the recovery followed Standard Chartered's announcement of a partnership with Ripple and LMAX for RLUSD custody services. However, only CoinJournal mentions that XRP ETFs have attracted $12 million this month, indicating weaker inflows compared to September.
- Standard Chartered Launches RLUSD Custody on XRP Ledger
- Standard Chartered to Offer RLUSD Custody and Collateral Trading in Dubai
- XRP Recovers to $1.35 as Standard Chartered Enters RLUSD Custody Deal — this brief
XRP experienced a price recovery after declining to a recent low near $1.32, according to data from CoinMarketCap. The token gained roughly 1% over 24 hours, reaching $1.37 on October 14. This rebound came after several volatile trading sessions for XRP.
The recovery coincided with news that Standard Chartered has entered into a partnership with Ripple and LMAX to provide custody services for RLUSD, a stablecoin issued by Ripple. This development could enhance institutional confidence in Ripple's ecosystem.
According to DeFiLlama, the circulating supply of RLUSD stands at $2.38 billion. This figure underscores the scale of Ripple's stablecoin operations and the potential market impact of Standard Chartered's involvement.
In related news, XRP exchange-traded funds (ETFs) have attracted approximately $12 million in inflows this month. However, this figure represents a significant decline compared to the previous month, indicating potentially weaker institutional interest.
The broader cryptocurrency market remains in a state of consolidation, with the total market cap at $2.83 trillion. 
Bitcoin is down 1.17% over the past 24 hours, while the Fear & Greed Index stands at 62, indicating a 'Greed' sentiment.
Since this brief published about 5 hours ago, XRP (XRP) has moved from $1.35 to $1.33 — -1.48%.
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 ≈ ₦1,817.93 (about $1.33), down 3.0% over 24 hours. The naira itself trades about 2.7% 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 14, 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.
XRP Recovers to $1.35 as Standard Chartered Enters RLUSD Cus — questions & answers
What is RLUSD and why is it important?
RLUSD is a stablecoin issued by Ripple. Its partnership with Standard Chartered for custody services could boost institutional adoption.
How much has XRP's price changed recently?
XRP rebounded from $1.32 to $1.37, gaining roughly 1% over 24 hours.
What is the circulating supply of RLUSD?
RLUSD has a circulating supply of $2.38 billion, according to DeFiLlama.
How much is 1 XRP worth in naira today?
About ₦1,817.93 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.33. 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 1.48% since this brief first published — trading at $1.33 now versus $1.35 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 CoinJournal, Crypto Economy, 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.