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Binance Lists Ripple’s $RLUSD Stablecoin

Published by
Sohrab Khawas

Binance has officially listed Ripple’s RLUSD stablecoin, with spot trading set to go live at 8:00 a.m. UTC tomorrow. Traders will have access to pairs such as RLUSD/USDT, RLUSD/U, and XRP/RLUSD. Deposits are currently open on Ethereum, while withdrawals will begin on January 23. To encourage liquidity, Binance is offering zero trading fees on select pairs. Ripple also confirmed that support for the XRP Ledger is on the way. Since its launch in December 2024, RLUSD has been fully backed by cash and U.S. Treasuries and has surpassed a market capitalization of $1.3 billion.

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Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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