RLUSD Goes Live on Bitstamp: Ripple Expands Trading Options

Ripple has launched its RLUSD stablecoin on Bitstamp, expanding its presence in the crypto market with global liquidity in key trading pairs like RLUSD/USD, RLUSD/BTC, and RLUSD/ETH.

Backed by Ripple’s expertise, RLUSD is fully supported by cash and cash equivalents for 1:1 US dollar redemption. Available on both the XRP Ledger and Ethereum blockchain. The stablecoin is designed for institutional use, offering stability for payments, tokenization, and decentralized finance. Ripple’s integration of Chainlink ensures reliable on-chain pricing, enhancing RLUSD’s adoption in DeFi applications.

Clever Robot News Desk 12th January 2025

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