Ripple Treasury Mints 19.6M RLUSD Amid Institutional Custody Expansion
Ripple's latest RLUSD minting coincides with institutional custody and trading initiatives on multiple blockchains.
Ripple's latest RLUSD minting coincides with institutional custody and trading initiatives on multiple blockchains. Ethereum (ETH) is trading at $2,508.57, up 0.4% since this brief published. This is an original Token Times brief synthesising 2 outlets (Crypto Economy, U.Today), plus live market data, as of Tue, 13 Oct 2026 19:00:01 UTC.
This development highlights Ripple's strategic push for RLUSD adoption in institutional finance, leveraging partnerships for custody and trading while expanding liquidity across blockchains.
- Ripple Treasury minted 19.6M RLUSD on Ethereum, boosting liquidity operations.
- Standard Chartered launched RLUSD custody on XRP Ledger via Dubai branch.
- LMAX Group partnership aims to use RLUSD as institutional trading collateral.
Both Crypto Economy and U.Today report that Ripple Treasury minted 19.6 million RLUSD on Ethereum, coinciding with institutional custody advancements. They agree on the involvement of Standard Chartered for XRP Ledger custody and the LMAX Group partnership for trading collateral. However, U.Today emphasizes the broader institutional custody breakthrough, while Crypto Economy provides more detail on the multi-chain ecosystem expansion and LMAX collaboration specifics.
- Standard Chartered Launches RLUSD Custody on XRP Ledger in Dubai
- Standard Chartered Launches RLUSD Custody on XRP Ledger for Institutions
- Ripple Treasury Mints 19.6M RLUSD Amid Institutional Custody Expansion — this brief
Ripple's Treasury has minted an additional 19.6 million RLUSD on the 
Ethereum blockchain, according to transactions verified by on-chain data from DeFiLlama. This move comes amid heightened treasury activity and coincides with significant institutional custody advancements for RLUSD.
Standard Chartered has launched institutional custody services for RLUSD on the 
XRP Ledger through its Dubai International Financial Centre branch. This strategic initiative aims to provide secure storage solutions for institutional clients engaging with Ripple's stablecoin.
The development also involves a partnership with LMAX Group, positioning RLUSD as potential collateral for institutional trading. This collaboration underscores Ripple's efforts to integrate RLUSD into the broader financial ecosystem and enhance its utility in institutional trading environments.
The circulating supply of RLUSD now stands at $2.41 billion, according to DeFiLlama. This figure reflects Ripple's ongoing efforts to expand the stablecoin's presence across multiple blockchain ecosystems and increase its adoption in the institutional finance sector.
In the broader market context, the total crypto market cap is $2.86 trillion, with 
Bitcoin showing a modest 24-hour gain of 0.69%. Ethereum is trading at $2499.33, while XRP is at $1.36. The Fear & Greed Index remains in 'Greed' territory at 57, indicating a cautiously optimistic market sentiment.
Since this brief published about 1 hour ago, Ethereum (ETH) has moved from $2,499.33 to $2,508.57 — +0.37%.
The chart plots ETH'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 Token Times'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 ETH ≈ ₹259,499.02 (about $2,508.57), down 0.1% over 24 hours. The rupee itself trades about 7.9% above the official rate on the P2P market, so a Indian 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.
Token Times 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.
Ripple Treasury Mints 19.6M RLUSD Amid Institutional Custody — questions & answers
What is the purpose of Ripple's RLUSD minting?
The minting aims to boost liquidity operations and support institutional custody and trading initiatives across multiple blockchains.
Which institutions are involved in RLUSD's custody and trading?
Standard Chartered provides custody on the XRP Ledger, while LMAX Group partners for trading collateral.
How much RLUSD has been minted in this operation?
Ripple Treasury minted 19.6 million RLUSD on Ethereum.
How much is 1 Ethereum worth in rupee today?
About ₹259,499.02 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,508.57. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is up 0.37% since this brief first published — trading at $2,508.57 now versus $2,499.33 at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto Economy, U.Today, 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 Token Times 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.