Cryptocurrency

Crypto Update: Standard Chartered Launches RLUSD Custody as Remittix Offers a New Payments Comparison for XRP and BNB Holders

Written by
Read time
3 min
Published
Filed under
Add to Preferred Sources
Crypto Update: Standard Chartered Launches RLUSD Custody as Remittix Offers a New Payments Comparison for XRP and BNB Holders

The latest crypto update brings institutional stablecoin custody into focus after Standard Chartered launched support for RLUSD on the XRP Ledger. Ripple’s regulated dollar token can now enter the bank’s digital-asset custody environment, while a planned LMAX integration aims to make that capital more useful across trading and collateral management.

Remittix attacks the next step in the customer journey. Custody helps institutions hold digital dollars, while PayFi helps users move supported stablecoins toward ordinary bank accounts. XRP and BNB holders comparing payment ecosystems may find the earlier revenue opportunity in the platform monetizing everyday settlement rather than storage alone.

Crypto Update Compares XRP Infrastructure With BNB Scale

Standard Chartered launched institutional RLUSD custody on October 12. Eligible clients can hold the stablecoin through the bank’s regulated DIFC operation, while planned collateral mirroring with LMAX could improve capital efficiency without moving underlying RLUSD directly onto a trading venue.

XRP trades around $1.30 after a market-wide decline. RLUSD custody strengthens Ripple’s institutional network and may expand XRPL settlement, but the announcement does not establish direct XRP demand. The $2 and $3 price cases still require stronger liquidity, ecosystem activity and investor confidence.

BNB trades close to $720 and benefits from a different model. Binance distribution, exchange activity, BNB Chain applications and token burns create several demand channels. Its ecosystem demonstrates how broad financial products can support a large native-asset premium over multiple cycles.

The crypto update therefore offers two valuable lessons. Ripple shows the power of institutional payments infrastructure, while BNB shows the value of product breadth and distribution. A smaller platform combining direct bank routes with trading, wallet access and planned earning could apply both lessons from an earlier valuation base.

Remittix Converts Stablecoin Ownership Into Usable Money

Remittix PayFi has completed more than 30 genuine USDT and USDC transfers into compatible EUR and USD bank accounts. Testing covers Ethereum, Base, Celo and Polygon through 1,000 invited holders, demonstrating the last mile that custody products do not solve alone.

That layer can become a recurring business. Freelancers may cash out invoices, families may receive remittances and companies may settle supplier payments. Each new corridor can serve many customers repeatedly, allowing transaction volume to grow faster than the technical integration work needed to open it.

Markets has processed over $50 million across hundreds of perpetual pairs, while the Wallet has surpassed 10,000 iOS downloads. Planned Earn can retain assets between payments and trades. Like BNB’s wider ecosystem, Remittix can make one acquired customer valuable across several revenue-producing behaviors.

RTX could receive a significant platform premium if that commercial flywheel accelerates. Crypto investors have repeatedly rewarded tokens attached to growing exchanges, lending markets and payment networks. Remittix begins its first cycle with all three customer behaviors connected under one brand, leaving substantial room for valuation expansion.

Payments Revenue Offers the Earlier Percentage Opportunity

Remittix has raised $32.9 million from more than 40,000 participants, leaving only $3.1 million before its $36 million hard cap. RTX remains $0.28 before a planned $0.46 final tier and minimum launch price, producing a scheduled 64% increase before November 24.

XRP offers institutional payment infrastructure and BNB offers mature ecosystem scale. Remittix offers direct bank utility before its first exchange cycle. A smaller platform adding users and revenue can produce a much larger percentage response than either established asset.

RLUSD custody validates digital-dollar finance, but PayFi turns stablecoins into spendable bank money. Readers following this crypto update should secure Remittix before November 24 exposes that recurring payment opportunity to a much wider pool of public buyers.

Discover the future of PayFi with Remittix by checking out the project here:

Website: https://remittixpresale.io

X: https://x.com/remittix

Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital.

All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.

Crypto Press Release Distribution by BTCPressWire.com

For information purposes only. Crypto carries risk. Not financial advice!
Share this
Comment

More executive interviews

Founders, CEOs and technology leaders talk about what they build, how they fund it, and where AI, finance and data are taking their industries next.

All interviews

Pin It on Pinterest

Share This