This Major Banks Turns to XRP Ledger. Here’s the Latest

In January, crypto researcher SMQKE (@SMQKEDQG) posted a series of documents pointing to a deepening relationship between Ripple and Standard Chartered. The post got attention at the time. On October 12, it got vindicated. Standard Chartered launched institutional custody services for Ripple’s RLUSD stablecoin on the XRP Ledger through its Dubai branch. The bank also announced plans to integrate RLUSD into LMAX Group’s trading infrastructure through a collateral mirroring model. The Evidence SMQKE Highlighted The documents shared in January showed a documented history between Standard Chartered and Ripple stretching back years.