Ripple’s RLUSD stablecoin is now listed on Binance with Ethereum support, and XRP Ledger integration is coming soon.
Ripple’s RLUSD stablecoin is now officially listed on Binance. This is a key development for the token.
RLUSD will be available for spot trading starting January 22, with Ethereum support already live.
XRP Ledger (XRPL) support is expected soon, making it accessible across multiple blockchain networks.
RLUSD Now Available on Binance with Ethereum Support
Ripple’s RLUSD stablecoin is now listed for spot trading on Binance.
The token is available on Ethereum, allowing users to trade it on one of the largest exchanges in the world.
This supports Ripple’s goal of increasing RLUSD’s visibility and market presence.
Ethereum is a popular blockchain with widespread use in decentralized finance.
By supporting Ethereum, RLUSD gains access to numerous decentralized applications (dApps). This expands its utility, allowing users to interact with the DeFi ecosystem.
RLUSD will initially be paired with USDT and XRP for trading. These pairs will offer liquidity and allow users to easily exchange the stablecoin.
The integration with Ethereum is an important step in the token’s roadmap, with XRP Ledger support coming soon.
Enhanced Liquidity and Exposure for RLUSD
Binance’s listing of RLUSD boosts its liquidity. Binance’s vast global user base offers a major opportunity for wider adoption.
With Ethereum support, RLUSD can tap into the growing demand for stablecoins within decentralized finance.
This listing gives RLUSD a significant advantage over other stablecoins, especially in terms of liquidity.
It also provides Ripple with greater exposure in the competitive stablecoin market. As a result, RLUSD is likely to gain more attention from investors and developers in the crypto space.
Ripple’s focus on gaining exposure in the stablecoin market is clear. By listing RLUSD on Binance, Ripple aims to position it as a leading payment solution for enterprises.
This move helps it compete against stablecoins like Tether’s USDT and Circle’s USDC.
Ripple’s Focus on Regulated, Enterprise-Ready Stablecoin
Ripple designed RLUSD as a regulated, enterprise-focused stablecoin, fully backed by U.S. dollar deposits, short-term Treasuries, and cash equivalents.
The stablecoin also undergoes monthly attestations to ensure transparency in its reserves.
This regulatory approach is a key factor in making RLUSD a compliant option for businesses and financial institutions.
Ripple is positioning RLUSD as a trusted, transparent alternative to other stablecoins.
As regulations in the crypto space evolve, Ripple aims to offer solutions that meet the needs of businesses looking for secure, compliant digital assets.
This makes RLUSD particularly attractive to institutions seeking stability in an increasingly regulated market.
Monica Long, Ripple’s president, recently stated that 2026 will mark the institutionalization of crypto.
She tweeted that “trusted infrastructure and real utility will push banks, corporates, and providers from pilots to scale.”
According to Long, stablecoins like RLUSD will play a key role in this transition.
By facilitating the growth of crypto adoption in traditional finance, RLUSD can drive wider acceptance of digital assets.
Related Reading: Ripple to Central Banks: Integrate Stablecoins or Fall Behind
XRP Ledger Support and Future Developments
Ripple is working on adding XRP Ledger (XRPL) support for RLUSD. Once live, this integration will provide faster transaction times and lower costs.
XRP Ledger’s speed and scalability make it an ideal fit for RLUSD’s payment-focused use case.
The addition of XRP Ledger will expand RLUSD’s utility. Users will benefit from quicker and more affordable cross-border transactions.
This is a key advantage, particularly for international payments and remittances.
Ripple’s strategy to launch RLUSD on both Ethereum and XRP Ledger highlights its focus on multi-chain support.
By doing so, it aims to offer a stablecoin that works across different blockchain ecosystems.
This flexibility will attract a wider range of users, from DeFi developers to businesses seeking efficient payment solutions.
Source: https://www.livebitcoinnews.com/ripples-rlusd-stablecoin-officially-listed-on-binance-ethereum-support-live-with-xrpl-coming-soon/
