Standard Chartered to Custody Ripple's Stablecoin for Traders in Dubai
- —Standard Chartered will custody Ripple's stablecoin for traders in Dubai
- —XRP is not included in the deal
- —RLUSD is Ripple's dollar-pegged stablecoin
Why it matters: Expanding RLUSD infrastructure strengthens Ripple's position in the UAE, though there is no direct link to XRP's price.
Source: Google News (crypto query)