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Standard Chartered brings Ripple’s RLUSD into banking custody after $765 million quarterly surge
· By MyCryptoSignal Editorial · 77 words
CryptoSlate reports that Standard Chartered is now allowing eligible clients to custody Ripple's RLUSD through its DIFC branch, following a $765 million quarterly surge. This development implies that clients of the bank can now hold the XRPL-issued stablecoin in a traditional banking custody setup. The move matters for crypto markets as it represents a notable instance of a major bank integrating a cryptocurrency product into its services.
Read the full story at CryptoSlate: https://cryptoslate.com/standard-chartered-brings-ripples-rlusd-into-banking-custody-after-765-million-quarterly-surge
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Source: CryptoSlate — see our editorial policy.
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