Ripple USD Stablecoin Achieves Listing on $7.11 Billion Exchange

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Ripple USD: The Stablecoin That Just Won’t Quit! 💸

So, guess what? Ripple USD (RLUSD), that charming little U.S. dollar-pegged stablecoin from Ripple, has officially made its grand entrance onto Bitget’s spot trading platform. 🎉 And by “grand entrance,” I mean it’s now hanging out on an exchange that’s casually managing over $7.1 billion in assets. No biggie, right? Just a mere $3.4 billion in daily spot trading volume. Talk about a party! 🥳

In a world where everyone is clamoring for regulated, enterprise-grade stablecoins like they’re the latest must-have handbag, RLUSD is strutting its stuff across global crypto markets. Backed 1:1 by USD reserves (because who doesn’t love a good safety net?), it’s issued natively on both the XRP Ledger and Ethereum networks. Double the fun! 🎈

And let’s not forget, Bitget is all in on this RLUSD action, supporting its listing on both blockchains. Because why not? More is more, right?

We’re proud to partner with @Ripple to bring $RLUSD to Bitget.

RLUSD — a fully regulated, USD-backed stablecoin issued on XRPL & Ethereum — is now live on #BitgetSpot.

Learn more 👇

— Bitget (@bitgetglobal) May 29, 2025

Now, let’s talk about the regulatory framework. Issued by a NYDFS-chartered trust, RLUSD is like the overachiever in a class full of slackers. In a landscape where transparency and compliance are becoming the bare minimum, RLUSD is waving its report card like, “Look at me, I’m responsible!” 📜

Stablecoin Showdown: Let the Games Begin! ⚔️

Bitget has decided to list RLUSD under a few pairs, particularly RLUSD/USDT and RLUSD/USDC. It’s like RLUSD is trying to make friends with everyone, just like those popular kids in high school. Other platforms like Kraken, Uniswap, and Bitstamp are also in on the action. The latest gossip? RLUSD is trading at just parity, with a market cap of about $309 million and a daily trading volume that’s strutting above $63 million. Not too shabby! 💪

Stablecoins are popping up everywhere, from decentralized finance to payments infrastructure and tokenized assets. This move lets RLUSD reach more users and have more liquidity, but let’s be real — it’s not exactly a groundbreaking revelation. Just practical, folks. 🙄

No need for a marching band: RLUSD’s listing on one of the most liquid exchanges shows it’s ready to play in a stablecoin sector that’s becoming more about regulation, interoperability, and actual use than just flashy marketing. Who knew being responsible could be so trendy? 😏

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2025-05-29 17:45