
Stablecoins
RLUSD Expands Deeper Into Institutional Finance
Santiment reports that the RLUSD stablecoin is expanding further into institutional finance.

Santiment reports that the RLUSD stablecoin is expanding further into institutional finance.

Standard Chartered has introduced institutional custody for Ripple’s RLUSD stablecoin on the XRP Ledger in Dubai.

The XRP Ledger recorded a 15% increase in stablecoin supply, with Ripple's RLUSD driving the growth, according to CryptoRank data.

Yield vaults for XRP and the RLUSD stablecoin have drawn $150 million in capital inflows, according to Pluang.