Bitget Lists Ripple USD Stablecoin RLUSD on Spot Trading Platform

Bitget, a prominent cryptocurrency exchange and Web3 company, has announced the listing of Ripple USD (RLUSD) on its spot trading platform. This move is part of Bitget's strategy to expand its stablecoin offerings and cater to the growing demand for secure and compliant digital assets, particularly among institutional participants and developers focused on enterprise-grade blockchain use cases. RLUSD, an enterprise-grade USD-backed stablecoin issued by Ripple, is pegged 1:1 to the U.S. dollar and is natively issued on both the XRP Ledger (XRPL) and Ethereum. The asset is backed by a segregated reserve held in USD fiat and cash equivalents, ensuring its stability and reliability.
Gracy Chen, CEO of Bitget, expressed excitement about the partnership with Ripple, highlighting the importance of RLUSD's regulatory framework. As a stablecoin issued by a NYDFS-chartered limited purpose trust company, RLUSD operates within a clear regulatory environment, which is crucial for institutions seeking transparency and compliance in the digital asset landscape. This listing aligns with Bitget's 2025 strategy to expand institutional offerings and build a more robust, trusted ecosystem.
The integration of RLUSD on Bitget's platform responds to the increasing popularity of stablecoins as critical tools in decentralized finance (DeFi), gaming, and tokenized asset ecosystems. With over 900 crypto pairs and a commitment to broadening its offerings, Bitget connects users to various ecosystems, including Bitcoin, Ethereum, Solana, Base, and TON. The addition of RLUSD signals Bitget's strategic move to embrace regulated stablecoins as a gateway to trade innovative crypto projects.
Bitget's decision to list RLUSD is a strategic move to support strong, high utility-driven assets across its growing spot market. The platform serves as a curated space for projects that advance blockchain adoption through real-world applications. By expanding access to RLUSD, Bitget offers a trusted trading venue for one of the industry’s most closely monitored digital assets, further solidifying its position as a leading cryptocurrency exchange.
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