Ripple

Stories

Standard Chartered holds Ripple's RLUSD stablecoin for institutional clients in Dubai

Issues RLUSD, the dollar-pegged stablecoin

Standard Chartered's Dubai branch now holds Ripple's dollar-pegged RLUSD stablecoin for institutional clients, making the bank one of the first major lenders to offer regulated custody of the token. The service runs through the Dubai International Financial Centre under the supervision of the Dubai Financial Services Authority.

Updated Oct 18

Visa, Circle, and Ripple back stablecoin treasury startup Velocity in $48M round

Money Moves

As of September 2026: Strategic investor in Velocity

Visa, Circle, and Ripple each invested in Velocity, a London startup letting businesses use stablecoins without replacing their banking systems. The $10 million extension brings Velocity's Series A to $48 million at a $200 million valuation.

Updated Sep 19