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.”
Also Read : Ripple News: XRPL Treasury Issuance Jumps 8x to $418M as RWA Adoption Accelerates
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.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
The Dogecoin price is moving again, and this time, it’s not subtle. After weeks of…
Tether led a $14 million funding round for Belo, a payments platform using crypto rails…
The U.S. ETF market may be about to enter a completely new phase. Bloomberg ETF…
Bitcoin is heading into the Federal Reserve decision today with a stretched rally and weakening…
The Bitcoin price is struggling to maintain its bullish trend after a couple of bearish…
According to Arkham, Bhutan is continuing its Bitcoin sell-off, recently moving another 100 BTC worth…
