The bank is working with Ripple and LMAX Group to enable RLUSD as collateral for certain LMAX products under its collateral mirroring model.
Business
Standard Chartered launches custody for Ripple’s RLUSD on XRP Ledger
Related
Business
BlackRock's Fink names a U.S. recession trigger, sounds alarm over $40 trillion national debt
BlackRock's CEO says "a moratorium of some sort" on data center buildouts would put the U.S. in a recession.
Business
Anthropic’s $2 Trillion IPO Pitch Meets a Revenue Growth Slowdown
Anthropic reportedly earned $1.70 in revenue for every $1 it spent on computing power in the third quarter. The artificial intelligence (AI) company shared the figure with investors weeks before its planned November initial public offering…
Business
Ripple’s Korean Expansion Reaches From Remittances to Government Bonds
Ripple’s Korean partnerships now connect cross-border business payments, bank-managed digital asset wallets, and blockchain-based settlement of government bonds. Its cooperation with Meritz Securities extends that strategy into capital mar…
Business
Peter Schiff Says Most Stocks Are in Bear Market as AI Leaders Carry the Index
Peter Schiff says most stocks are in a bear market as 479 hit 52-week lows. Goldman data shows AI leaders carry the S&P 500.