Major institutional milestone: Standard Chartered has gone live with custody for Ripple’s RLUSD stablecoin on the XRP Ledger. Eligible clients can now hold RLUSD through the bank’s DFSA-regulated DIFC branch in Dubai — a meaningful step for regulated stablecoin infrastructure. The bank is also working with Ripple and LMAX Group on a collateral-mirroring model so institutions can use RLUSD for trading without moving the tokens out of bank custody (that piece is still pending final approvals and testing). RLUSD has grown to roughly $2.5B in market cap, with strong issuance on XRPL. This custody launch adds a global systemically important bank into the stack. #RLUSD #XRPL #XRP #StandardChartered #Stablecoins