#XRP Ledger

Standard Chartered to Custody RLUSD, Stablecoin Set to Become Collateral for LMAX Trading

Standard Chartered will provide custody services on the XRP Ledger for Ripple's stablecoin RLUSD, partnering with LMAX Group to enable RLUSD to be used as collateral for specific LMAX products through a collateral mirroring model.

Blockchain

Evernorth Bets on XRP Ledger DeFi Play While Pushing Ahead With IPO Plans

Evernorth, a treasury company focused on holding XRP, plans to start putting its reserves to work generating yield. The move comes just as the XRP Ledger is evaluating a native lending feature, and as Evernorth itself is on the path toward going public.