Ripple and OKX said that they formed a strategic partnership to bring Ripple USD, or RLUSD, to eligible markets on OKX. The announcement said RLUSD is now live for spot trading across more than 280 pairs, including XRP/RLUSD.
The rollout affects traders and institutions seeking broader stablecoin utility inside OKX’s trading environment. Ripple and OKX said RLUSD can also be used as institutional-grade margin collateral for derivatives, including perpetual futures where available, while deposits and withdrawals are enabled through the XRP Ledger. The companies added that direct minting and redemption are designed to support consistent liquidity access.
The next point to watch is how deeply RLUSD integrates across OKX’s broader ecosystem. The announcement said additional integrations are planned, while Ripple noted that RLUSD has surpassed $1.5 billion in market capitalization since launching in December 2024.
Source: Ripple and OKX via Business Wire.
Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.
This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.
