Standard Chartered Launches RLUSD Custody on XRP Ledger in Dubai
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 $1.38. This is an original Token Times brief synthesising 3 outlets (The News Crypto, CoinCodex, Decrypt), plus live market data, as of Tue, 13 Oct 2026 08:15:01 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 influence the adoption of Ripple's ecosystem in traditional finance.
- Standard Chartered launched RLUSD custody on XRP Ledger in Dubai.
- RLUSD has a $2.42B circulating supply [DeFiLlama].
- Service offers institutional clients access to Ripple's stablecoin.
- Move could boost XRP Ledger's institutional adoption.
Multiple outlets, including The News Crypto and CoinCodex, confirm that Standard Chartered has launched institutional custody services for RLUSD on the XRP Ledger, with the service being available through its Dubai International Financial Centre. While both outlets agree on the core development, CoinCodex adds that the bank is exploring using RLUSD as collateral for LMAX trading products, a detail not mentioned by The News Crypto. The News Crypto specifies the launch date as October 12, 2026, which is not mentioned in the CoinCodex coverage.
- Standard Chartered Launches RLUSD Custody on XRP Ledger in Dubai — 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, providing institutional clients with access to the stablecoin through its digital asset custody services. The service is available through the bank's Dubai International Financial Centre (DIFC), as reported by The News Crypto and corroborated by CoinCodex.
The launch of RLUSD custody on the XRP Ledger is a significant development in the institutional adoption of stablecoins and blockchain technology. It provides a regulated and secure avenue for clients to access RLUSD, which has a circulating supply of $2.42 billion according to DeFiLlama. This move is expected to enhance the utility of the XRP Ledger and could potentially drive further adoption of Ripple's ecosystem in traditional finance.
The News Crypto and CoinCodex both agree on the core details of the launch, including the involvement of the Dubai International Financial Centre. However, CoinCodex adds that Standard Chartered is exploring the use of RLUSD as collateral for LMAX trading products, which The News Crypto does not mention. The News Crypto specifies the launch date as October 12, 2026, a detail not included in the CoinCodex coverage.
The XRP Ledger has been gaining traction in the financial sector, and this development could further solidify its position as a preferred platform for digital asset transactions. The involvement of a major financial institution like Standard Chartered is likely to attract more institutional interest in the XRP Ledger and Ripple's stablecoin offerings.
In the current market context, the total crypto market cap stands at $2.89 trillion, with 
Bitcoin experiencing a slight decline of 0.61% in the last 24 hours. XRP, the native token of the XRP Ledger, is trading at $1.38, down 2.81% in the last 24 hours and 8.20% over the past week. The Fear & Greed Index is at 57, indicating a state of Greed in the market.
Since this brief published about 20 hours ago, XRP (XRP) has moved from $1.38 to $1.38 — +0.00%.
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 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 XRP ≈ ₹143.52 (about $1.38), down 2.0% over 24 hours. The rupee itself trades about 8.4% 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.
Standard Chartered Launches RLUSD Custody on XRP Ledger in D — questions & answers
What is RLUSD and why is it important?
RLUSD is Ripple's stablecoin with a $2.42B circulating supply. Its custody on XRP Ledger through Standard Chartered provides institutional access.
How does this affect the XRP Ledger?
The launch could boost XRP Ledger's institutional adoption by integrating it with a major financial institution's services.
What is Standard Chartered's role in this?
Standard Chartered is providing institutional custody for RLUSD on the XRP Ledger through its Dubai International Financial Centre.
How much is 1 XRP worth in rupee today?
About ₹143.52 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.38. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from The News Crypto, CoinCodex, Decrypt, 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.