Ripple’s RLUSD Stablecoin Launches on Binance with XRPL Support Coming Soon
- Ripple’s stablecoin, RLUSD, will start trading on Binance from January 26.
- The stablecoin will initially support Ethereum, with integration into the XRP Ledger expected later.
- Trading pairs for RLUSD will include USDT and XRP, allowing for diverse trading options.
- RLUSD has achieved a market value exceeding $1.3 billion due to its adoption by major partners.
- Binance is offering a zero-fee promotion for the initial trading pairs to celebrate the launch.
The launch of RLUSD on Binance enhances its accessibility and liquidity, benefiting users operating within both the Ethereum ecosystem and the XRP Ledger. The listing follows previous adoption efforts in regions like Abu Dhabi and Africa.
With over $1.3 billion in market value, Ripple’s RLUSD stablecoin aims to facilitate real-world payments and cross-network interoperability as it begins trading on Binance tomorrow. (Source)
