Standard Chartered Launches RLUSD Custody Service in DIFC
Standard Chartered's DIFC branch now offers institutional custody for Ripple's RLUSD stablecoin.
Standard Chartered's DIFC branch now offers institutional custody for Ripple's RLUSD stablecoin. Ripple USD (RLUSD) is trading at ₹95.27 ($1.00). This is an original Token Times brief based on reporting by NewsBTC, with live market data added, as of Tue, 27 Oct 2026 10:00:02 UTC.
This development marks a significant step in institutional adoption of stablecoins, providing a regulated custody option for RLUSD and potentially boosting its use in global finance. The separate collateral arrangement with LMAX adds an additional layer of security.
- Standard Chartered offers RLUSD custody through its DIFC branch
- LMAX collateral arrangement planned for added security
- RLUSD market cap at $2.61B with stable price performance
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- Standard Chartered Launches RLUSD Custody Service in DIFC — this brief
Standard Chartered has announced the launch of
Ripple USD (RLUSD) custody services through its Dubai International Financial Centre (DIFC) branch, catering specifically to institutional clients. This move is significant as it provides a regulated custody option for RLUSD, potentially increasing its adoption in global financial markets.
In addition to the custody service, Standard Chartered is planning a separate collateral arrangement with LMAX, a leading foreign exchange and cryptocurrency exchange. This arrangement is intended to provide an extra layer of security for clients using RLUSD, further solidifying its position as a stablecoin with strong institutional backing.
The RLUSD stablecoin, issued by Ripple, has a circulating supply of $2.59 billion according to DeFiLlama, which corroborates the substantial market presence of the asset. The stablecoin has shown consistent performance with a price of $1 and minimal price fluctuations over the past 24 hours and 7 days.
The broader cryptocurrency market remains relatively flat, with a total market cap of $2.74 trillion.
Bitcoin, the leading cryptocurrency, has experienced a slight decline of 0.46% in the past 24 hours. The Fear & Greed Index stands at 48, indicating a neutral market sentiment.
This development is likely to enhance the credibility and attractiveness of RLUSD for institutional investors. It will be important to monitor the uptake of the custody service and the impact it has on RLUSD's market position and adoption in the coming months.
Since this brief published about 1 hour ago, Ripple USD (RLUSD) has moved from ₹95.27$1.00 to ₹95.27$1.00 — +0.00%.
The chart plots RLUSD'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 RLUSD ≈ ₹100.91 (about $1.00), down 0.0% over 24 hours. The rupee itself trades about 5.9% 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 asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 27, 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 Service in DIFC — questions & answers
What is the RLUSD circulating supply?
The RLUSD circulating supply is $2.59 billion according to DeFiLlama.
Why is the LMAX collateral arrangement significant?
The LMAX collateral arrangement adds an extra layer of security for RLUSD, enhancing its attractiveness to institutional investors.
How has RLUSD's price performed recently?
RLUSD has maintained a stable price of $1 with minimal fluctuations over the past 24 hours and 7 days.
How much is 1 Ripple USD worth in rupee today?
About ₹100.91 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.00. The rupee price moves with both RLUSD's US-dollar price and the USDT/INR rate; use our Ripple USD in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from NewsBTC. 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.