Ripple’s RLUSD Stablecoin Listed on Margex Exchange
- Ripple’s RLUSD stablecoin is now listed on the Margex crypto exchange.
- RLUSD can be used as collateral for trading crypto pairs on Margex.
- The stablecoin is pegged to the US dollar at a 1:1 ratio.
- A reserves report shows RLUSD backed by $83.21 million in assets, including $30 million in US treasury bills and $22.97 million in cash deposits.
- Margex has integrated TradingView’s Charting Tool, offering over 100 technical indicators.
The listing of Ripple’s RLUSD stablecoin on Margex provides users with a reliable trading option, supported by substantial reserves totaling $83.21 million, enhancing its credibility and utility in the crypto market.
Source (2.6)https://coingape.com/ripple-usd-rlusd-stablecoin-secures-listing-releases-reserves-report/?rand=24432
