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XRP Price News Today: XRP Near $1.30 Gets Standard Chartered's RLUSD Custody Support as Remittix Tests Bank Transfers

10-17-2026 04:49 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: BTCPressWire News

/ PR Agency: BTCPressWire News
XRP Price News Today: XRP Near $1.30 Gets Standard Chartered's

XRP is receiving fresh institutional validation while its price attempts to stabilise. Standard Chartered has launched custody for Ripple's RLUSD on the XRP Ledger and is working toward collateral integration with Ripple and LMAX Group. With XRP recently near $1.30, XRP Price News Today now combines a weak short-term chart with a stronger institutional payments narrative.

Remittix https://remittixpresale.io approaches the same financial transition from the opposite end. While RLUSD custody helps institutions hold and deploy tokenised dollars, Remittix PayFi is testing how consumers and businesses can turn supported crypto into money delivered to normal bank accounts. Could owning that practical last step create the earlier growth opportunity?

XRP Price News Today Tracks Institutional Stablecoin Access

Standard Chartered confirmed that its RLUSD custody service https://www.sc.com/en/press-release/standard-chartered-launches-rlusd-custody-and-joins-planned-collateral-integration-with-ripple-and-lmax-group is live through its regulated DIFC branch. Eligible institutional clients can hold RLUSD using the bank's digital-asset infrastructure, while planned collateral mirroring could let them deploy value without repeatedly transferring the underlying tokens to trading venues.

That matters for XRP Price News Today because it expands the XRP Ledger's institutional credibility. Secure custody, collateral management and capital efficiency are requirements for professional participation. RLUSD becoming useful inside those workflows can support XRPL activity even when the immediate effect on XRP price is difficult to isolate.

The chart still demands caution from bulls. XRP traded around $1.34 on October 16 after rebounding from inflation-driven weakness, but resistance near $1.40 remains important. Recovering that area could bring $1.50 into view. A renewed $2 attempt would require stronger market liquidity, persistent institutional headlines and a decisive shift in momentum.

The broader XRP Price News Today picture is therefore constructive but incomplete. Ripple continues to build relationships around banking, custody and tokenised finance, yet XRP already carries a large valuation. Substantial percentage gains require correspondingly large inflows, creating room for investors to consider earlier-stage payment projects alongside it.

Remittix Focuses on the Customer's Missing Banking Step

Institutional custody solves how large organisations safeguard stablecoins. It does not automatically solve how a freelancer, merchant or family converts crypto and receives ordinary bank money. Remittix https://remittixpresale.io is developing that customer-facing bridge. PayFi aims to combine conversion and bank delivery so users can avoid manually selling assets and navigating separate withdrawal systems.

This is a high-frequency commercial problem. Cross-border workers invoice regularly, businesses settle supplier bills and families send remittances month after month. Existing services can impose transfer charges, foreign-exchange spreads and multi-day waits. A faster, clearer route from digital assets to EUR or USD accounts could win customers based on savings and convenience rather than token speculation.

The 1,000 invited testers are helping Remittix refine those payment routes before wider availability. If the product converts testers into recurring users, Remittix could earn revenue whenever value is exchanged or transferred. That gives the business a repeatable economic model, and it gives RTX a potential narrative anchored in transaction activity instead of marketing alone.

The remaining products widen that opportunity without replacing PayFi's purpose. A 10,000-download iOS wallet can distribute the service, Markets has already exceeded $50 million in perpetual-futures volume, and Earn is planned to retain customer assets. Together, they can turn a payment interaction into a longer, more valuable financial relationship.

Why Retail Utility Could Produce the Faster Repricing

XRP's institutional progress strengthens the case for blockchain-based finance, but Remittix targets the moment customers actually need to move value back into banking. That narrower problem may be easier to understand, monetise and repeat across remittances, invoices and supplier payments.

RTX remains available at $0.28 after nearly $33 million raised. The final presale stage and minimum launch price has been announced at $0.46, while November 24 marks the first public trading cycle. Only around $3.1 million remains before the hard cap is reached.

XRP holders have another credible catalyst. Remittix offers something different: early exposure to a payment platform with bank-transfer testing, owned distribution and multiple fee opportunities. If users embrace that last-mile service, RTX may not remain an overlooked payments challenger for long.

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 are highly volatile and involve significant risk, including the potential loss of principal. Always perform your own due diligence or consult a licensed financial advisor before making investment decisions.

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