Binance Lists Ripple’s RLUSD Stablecoin, Confirms XRPL Support on the Way

Binance Lists Ripple’s RLUSD Stablecoin, Confirms XRPL Support on the Way
Table of Contents

TL;DR

  • Ripple will launch its RLUSD stablecoin on Binance with Ethereum support starting January 22 at 08:00 UTC. Integration with the XRP Ledger will follow later.
  • RLUSD is backed 1:1 by U.S. dollar deposits, short-term Treasuries, and cash equivalents, with a market value exceeding $1.3 billion.
  • The Binance listing provides immediate liquidity, access to a large user base, and integration with existing DeFi infrastructure on Ethereum.

Ripple will launch its RLUSD stablecoin on Binance with Ethereum support, and soon on the XRP Ledger. The dollar-backed stablecoin will begin trading on January 22 at 08:00 UTC, with RLUSD/USDT and XRP/RLUSD trading pairs available from day one. XRP Ledger integration will be implemented later.

RLUSD is fully backed 1:1 by U.S. dollar deposits, short-term Treasuries, and cash equivalents. Ripple publishes monthly attestations to verify that the required reserves are maintained. The stablecoin has reached a market value of over $1.3 billion and ranks among the ten largest dollar-backed stablecoins.

BINANCE RIPPLE RLUSD

RLUSD Reaches the Largest User Base in the Market

The Binance listing provides immediate access to liquidity and one of the largest user bases in the world. RLUSD can integrate with existing DeFi infrastructure on Ethereum, including wallets, smart contracts, and liquidity pools. XRP Ledger support will allow low-cost settlements, focused on payments and remittances.

Traders will be able to access RLUSD both directly and through pairs with XRP, providing flexibility for operations within the Ripple ecosystem and on external markets. Binance indicated that RLUSD will be eligible for portfolio margin and will be added to Binance Earn, allowing users to deploy the stablecoin beyond basic trading.

Ripple has promoted RLUSD as an enterprise-oriented stablecoin designed for payments, treasury operations, and cross-border settlements. The company reports early adoption across exchanges, payment firms, and financial institutions. The Binance listing is a key step in distributing the stablecoin beyond Ripple’s native ecosystem.

RLUSD RIPPLE

Strong Competition Among Stablecoins

The stablecoin market remains dominated by USDT and USDC, with market capitalizations of $96 billion and similar figures. RLUSD, though smaller, now benefits from increased visibility and liquidity thanks to Binance. RLUSD will be available immediately to traders worldwide, offering opportunities for expansion in centralized and decentralized financial systems, as well as participation in advanced trading tools within Binance

RELATED POSTS

Ads

Follow us on Social Networks

Crypto Tutorials

Crypto Reviews