Ripple USD(RLUSD) New Listing on Gate
Ripple USDAccording to Gate's official announcement, Ripple USD (RLUSD) is soon going to be listed on the Gate crypto exchange.
Ripple USD Listing Schedule
- Gate has announced the listing of RLUSD (Ripple USD), Ripple's U.S. Dollar backed stablecoin, alongside the launch of BTC/RLUSD, ETH/RLUSD, XRP/RLUSD, and RLUSD/USDT trading pairs on June 15 at 09:00 (UTC).
About Ripple USD
RLUSD is a regulated, enterprise-grade stablecoin created with trust, liquidity, and compliance at its core. Issued by Standard Custody & Trust Company, LLC — a wholly owned subsidiary of Ripple Labs — RLUSD is backed 1:1 by U.S. dollar deposits, short-term U.S. Treasuries, and other cash equivalents, with monthly attestations to enhance trust and regulatory alignment. Purpose-built for payments, RLUSD is designed to meet the growing demand from users, developers and institutions for a stablecoin that is transparent, interoperable and built for real-world use. Since its launch in December 2024, RLUSD's market cap has surpassed $1.6 billion, reflecting rapid adoption across payments, remittances and institutional DeFi. A key pillar of RLUSD's design is its multichain architecture. Available natively on both the XRP Ledger and Ethereum, RLUSD gives users the benefits of both ecosystems: fast, low-cost transactions on XRPL, and composability with smart contracts on Ethereum. This multichain approach ensures RLUSD remains accessible wherever developers and users choose to build, enabling real-world payments, on-chain liquidity, and cross-network interoperability at scale. Through integration with major asset trading pairs, RLUSD is expected to contribute positively to market depth and capital turnover efficiency.
Further Information on Ripple USD
- Official Website: https://ripple.com/solutions/stablecoin/
- X (Twitter): https://x.com/Ripple
- Contract Address (Ethereum): 0x8292bb45bf1ee4d140127049757c2e0ff06317ed
- Contract Address (XRP): rMxCKbEDwqr76QuheSUMdEGf4B9xJ8m5De
For comprehensive insights and strategies on Ripple USD (RLUSD) trading, delve into our detailed guide at Ripple USD Price Overview
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