Ripple USD (RLUSD), a U.S. dollar-pegged stablecoin issued by Ripple, has been officially listed on Bitget’s spot trading platform. This move puts RLUSD on an exchange that is currently handling over $7.1 billion in assets and sees more than $3.4 billion in daily spot trading volume.
At a time when demand for regulated, enterprise-grade stablecoins is accelerating, the listing gives RLUSD more exposure across global crypto markets. RLUSD is backed 1:1 by USD reserves held in fiat and cash equivalents, and it is issued natively on both the XRP Ledger and Ethereum networks.
Importantly, Bitget supports Ripple USD listing on both blockchains.
The asset’s regulatory framework, issued by a NYDFS-chartered trust, sets it apart in a landscape where transparency and compliance are becoming baseline expectations.
Stablecoin battle intensifies
Bitget has listed RLUSD under a few pairs, in particular RLUSD/USDT and RLUSD/USDC, which is similar to other platforms like Kraken, Uniswap and Bitstamp that support the stablecoin. The latest info shows RLUSD trading at just parity, with a market cap of about $309 million and daily trading volume above $63 million.
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More stablecoins are being used in more areas of the market, like decentralized finance, payments infrastructure and tokenized assets. This move lets RLUSD reach more users and have more liquidity, but it is not a big deal — it is just practical.
No fanfare needed: RLUSD’s listing on one of the most liquid exchanges shows that it is ready to compete in a stablecoin sector that is becoming more defined by regulation, interoperability and actual use rather than just marketing hype.