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#RLUSD

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Standard Chartered to Provide Custody for Ripple’s RLUSD on the XRP Ledger
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Standard Chartered to Provide Custody for Ripple’s RLUSD on the XRP Ledger

Key Highlights: Standard Chartered is rolling out custody services for Ripple’s RLUSD stablecoin via its DFSA-regulated Dubai International Financial Centre (DIFC) branch. A collateral mirroring model with institutional trading operator LMAX Group will permit institutions to leverage RLUSD holdings for trading without transferring underlying tokens off the bank’s balance sheet. The initiative builds upon a ...

Standard Chartered to Custody Ripple Stablecoin in Dubai for Off-Exchange Trading
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Standard Chartered to Custody Ripple Stablecoin in Dubai for Off-Exchange Trading

Key Highlights: Standard Chartered is expanding its institutional digital asset custody services to support Ripple’s USD-pegged stablecoin, RLUSD, specifically on the XRP Ledger. Through a planned collaboration with LMAX Group, clients will be able to utilize RLUSD as margin collateral via an off-exchange “collateral mirroring” structure. The collateral mirroring model ensures that assets remain safeguarded ...

Standard Chartered to Offer RLUSD Custody in Dubai and Connect Collateral to LMAX
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Standard Chartered to Offer RLUSD Custody in Dubai and Connect Collateral to LMAX

Key Highlights: Ripple is advancing efforts to establish its $RLUSD stablecoin as a key settlement and collateral asset across institutional trading systems. Following a $150 million financing deal with LMAX in January, Ripple aims to integrate $RLUSD directly into collateral infrastructure rather than restricting it to spot settlement. Global banking giant Standard Chartered continues its ...

Standard Chartered Selects Ripple (XRP) in Major Cryptocurrency Market Move: Details
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Standard Chartered Selects Ripple (XRP) in Major Cryptocurrency Market Move: Details

Key Highlights: Standard Chartered provides digital asset custody services to eligible corporate clients via its Dubai International Financial Centre (DIFC) branch. The bank is collaborating with Ripple and LMAX Group to enable Ripple’s $RLUSD stablecoin to serve as collateral under its Collateral Mirroring model. The initiative allows institutional investors to access trading liquidity and mitigate ...

Ripple CEO Owns ‘a Lot of XRP’ and Explains Why He Is ‘Incredibly Bullish’ on Crypto
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Ripple CEO Owns ‘a Lot of XRP’ and Explains Why He Is ‘Incredibly Bullish’ on Crypto

Key Highlights: Ripple CEO Brad Garlinghouse confirmed his substantial personal holding in $XRP, citing Ripple’s execution and rising institutional adoption as primary drivers. Garlinghouse underscored a diversified crypto portfolio that includes Bitcoin, Ethereum, and Solana, rejecting token maximalism while positioning $XRP as Ripple’s “North Star.” Ecosystem utility continues to expand across institutional treasury management, supported ...

XRP Treasury Firm Evernorth Finalizes Deal to List Under Ticker XRPN
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XRP Treasury Firm Evernorth Finalizes Deal to List Under Ticker XRPN

Key Highlights: Evernorth has finalized its business combination with Armada, setting its public market debut for October 12, followed by a Nasdaq closing bell ceremony on October 14. Led by former Ripple senior executive Birla, the company is deploying a corporate treasury strategy focused on accumulating XRP, institutional lending, liquidity provision, and onchain credit markets. ...

XRPL’s $1.34B Stablecoin Base Conceals True XRP Demand Among Users
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XRPL’s $1.34B Stablecoin Base Conceals True XRP Demand Among Users

Key Highlights: Ripple’s October 1 transparency report records $RLUSD circulation at $2,509.8 million across supported blockchains, backed by $2,633.8 million in dollar and cash-equivalent reserves. On the XRP Ledger (XRPL), transaction fees are destroyed at a minimum standard cost of 10 drops (0.00001 $XRP), while account and object reserve requirements lock up tokens rather than ...

XRP Ledger Approaches 12 Million x402 Payments Driven by AI Agent Services
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XRP Ledger Approaches 12 Million x402 Payments Driven by AI Agent Services

Key Highlights: The XRP Ledger has reached a 7-day run rate of 500,000 autonomous AI agent payments per day. Automated agents utilize XRP and Ripple USD (RLUSD) to pay for data access, AI inference, and financial analytics prior to receiving resources. Infrastructure developments feature programmable spending limits, merchant restrictions, and emerging credit frameworks for machine-driven ...

Ripple News and XRP Price Update: September 25
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Ripple News and XRP Price Update: September 25

Key Highlights Spot XRP ETFs have attracted roughly $1.75 billion in cumulative net inflows across 10 consecutive positive weeks, with new filings from T. Rowe Price and Exchange Listed Funds Trust signaling expanding institutional appetite. Whales accumulated over 1.54 billion XRP tokens in approximately 96 hours following the CLARITY Act’s failure, viewing the resulting pullback ...

Ripple Integrates XRP Payments With Stripe, Tempo AI Standard in New Developer Kit
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Ripple Integrates XRP Payments With Stripe, Tempo AI Standard in New Developer Kit

Ripple has expanded its XRP Ledger developer toolkit to support a new payments standard designed for artificial intelligence agents, broadening the options for machines to pay for data, computing power, and other digital services using cryptocurrency. XRPL AI Starter Kit Adds Machine Payments Protocol Support Version 1.1 of the XRPL AI Starter Kit now integrates ...