Ripple has partnered with OKX to expand its U.S. dollar-backed stablecoin RLUSD, making it available across more than 280 spot pairs and over 300 trading routes on the exchange.
The listing also allows traders to use RLUSD as margin collateral for perpetual futures, putting it in direct competition with major stablecoins like USDT and USDC.
OKX confirmed that RLUSD is now live on its platform and integrated into its Unified Order Book, providing access to deep liquidity across hundreds of trading pairs.
The exchange also added full XRP Ledger (XRPL) deposit and withdrawal support, allowing users to move RLUSD directly through the XRPL network.
Beyond spot trading, RLUSD can now be used as collateral for futures and margin trading, expanding its role for active traders and institutions.
Ripple SVP of Stablecoins Jack McDonald said:
“As RLUSD adoption accelerates, we’re seeing strong demand across both crypto-native and institutional markets, particularly for high-quality collateral.”
OKX described RLUSD as:
“A dollar-backed stablecoin designed for high-standard compliance.”
Using RLUSD as futures collateral gives it a stronger role than a standard payment stablecoin and places it against established market leaders like USDT and USDC.
The OKX integration improves RLUSD liquidity and gives institutions another stablecoin option for margin trading and settlement. It also increases utility for the XRP Ledger by adding direct deposit and withdrawal support for RLUSD on the network.
The next key metric will be whether RLUSD can attract sustained trading volume and institutional usage on OKX. Ripple is expected to expand RLUSD across more exchanges and trading platforms as it pushes deeper into the stablecoin market.
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