Standard Chartered Launches RLUSD Custody, Plans LMAX Collateral Link
Standard Chartered has launched institutional custody for XRPL-issued RLUSD through its DIFC branch, while a planned LMAX link would support collateral use.
Category: Banking Integration
Standard Chartered Plans Singapore Digital-Asset Custody
Standard Chartered plans custody for selected cryptoassets, stablecoins and tokenized real-world assets for eligible institutional clients in Singapore.
Lloyds Survey Puts Faster Settlement at Center of UK Tokenisation Plans
A Lloyds survey of 100 UK financial-sector executives found faster payments and settlement are the leading perceived benefit of tokenisation.
Six Canadian Banks Explore Joint Tokenized-Deposit System
BMO, CIBC, National Bank, RBC, Scotiabank and TD are exploring a shared approach to moving tokenized Canadian-dollar deposits between institutions.
Cross River to Power X Money Accounts, Cards and P2P Payments
Cross River will provide the regulated banking and payment infrastructure behind X Money, including interest-bearing accounts, a Visa debit card and peer-to-peer payments.
Deutsche Bank Plans Institutional Crypto Custody Launch
Deutsche Bank plans to offer European institutional clients custody and transfers for selected crypto assets, subject to completion of its regulatory process.
U.S. Bank Tests USBDC in Cross-Border Stellar Payment
U.S. Bank completed an internal cross-border payment with its USBDC stablecoin on Stellar, testing bank controls alongside public-blockchain settlement.
OCC Gives Revolut and OpenReserve Preliminary Bank Approvals
The OCC granted preliminary conditional approval for proposed national banks from Revolut and OpenReserve, both with planned digital-asset payment services.
Payward and SoFi Link Stablecoin, Banking and 24/7 Settlement Services
Payward and SoFi have announced a partnership covering SoFiUSD on Kraken, real-time dollar settlement and Kraken Prime execution services.
Jeonbuk Bank Deploys Ripple Payments for Cross-Border Transfers
South Korea’s Jeonbuk Bank is deploying Ripple Payments for business remittances, but the announcement leaves key operating details undisclosed.
Crypto Group Backs Custodia in Supreme Court Fed Account Case
The Blockchain Association urged the Supreme Court to review Custodia Bank’s dispute over direct access to Federal Reserve payment services.
Tether Announces $20M Investment in Mercado Bitcoin
Tether announced a $20 million investment in Mercado Bitcoin, with the Brazilian platform planning to expand payments, tokenization and credit infrastructure.