According to The Block, Ripple announced on Wednesday a partnership to expand RLUSD access to over 280 spot trading pairs on a major cryptocurrency exchange. The USD-pegged stablecoin, which launched in December 2024, has a market capitalization of over $1.5 billion and aims to compete with Tether’s USDT and Circle’s USDC.
Traders can use RLUSD as institutional-grade margin collateral for derivatives, including perpetual futures. Deposits and withdrawals are enabled via the XRP Ledger, with direct minting and redemption ensuring consistent liquidity access.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin ETFs Post $89.7M Outflows; BlackRock Leads Redemptions
U.S.-listed spot Bitcoin exchange-traded funds recorded $89.7 million in net redemptions during the latest trading session, according to compiled fund flow data. The session marked a reversal from a multi-session inflow streak earlier in the month, reflecting a more cautious institutional stance.
CryptoFrontier18m ago
Mezo Launches Bitcoin Vaults With Anchorage, Bullish Commits 250 BTC
According to Mezo and its partners, the Bitcoin-native finance platform has launched Mezo Prime, an institutional product offering yield and lending against held Bitcoin, today. Bullish (NYSE: BLSH) is the launch customer, investing 250 BTC into Mezo and deploying part of its corporate Bitcoin
GateNews59m ago
Bitcoin Spot ETFs Post $89.7M Net Outflows in Latest Session, BlackRock iShares Leads Decline
According to compiled fund flow data, U.S.-listed spot Bitcoin ETFs posted net outflows of $89.7 million in the latest trading session, with BlackRock's iShares Bitcoin Trust recording the largest withdrawal at $112.2 million. Smaller outflows were also recorded in Fidelity's FBTC and Bitwise's BITB
GateNews2h ago
Bitcoin CEX Net Inflows Surge to 9,905 BTC on April 27, Marking 30-Day High
According to CryptoQuant analyst Woominkyu, on April 27, Bitcoin CEX net inflows surged to 9,905 BTC, marking the largest single-day inflow in 30 days. The Exchange Whale Ratio spiked to 0.707, the highest level in over a week, indicating that the top 10 inflows accounted for over 70% of all
GateNews2h ago
Pump.fun Burns $370M in PUMP Token, Commits 50% of Future Revenue to Buyback-Burn Program
Gate News message, April 29 — Pump.fun, a Solana memecoin launchpad, announced that it has burned all previously bought-back PUMP tokens worth approximately $370 million, representing 36% of the token's circulating supply. The platform is simultaneously launching a new buyback-and-burn program
GateNews3h ago
Robinhood's Q1 Crypto Revenue and Trading Volume Plunge Nearly 50% YoY
Gate News message, April 29 — Robinhood reported Tuesday that its cryptocurrency revenues and trading volumes fell roughly 50% during the first quarter of 2026, marking a continuation of declines from late 2025.
The U.S.-based trading platform generated crypto revenues of $134 million and
GateNews3h ago
