Ripple's RLUSD Stablecoin Expands Reach on Zero Hash and Revolut

Generated by AI AgentCoin World
Wednesday, Feb 5, 2025 4:01 pm ET1min read

Ripple, the blockchain-based payment protocol, has expanded its stablecoin offerings by making RLUSD available on two prominent crypto platforms: Zero Hash and Revolut. This move allows customers to trade and use RLUSD for transactions on both the XRP Ledger and Ethereum networks, further integrating the stablecoin into the broader cryptocurrency ecosystem.

RLUSD, a regulated stablecoin issued by Ripple, is designed to maintain a stable value, pegged to the US dollar. Its availability on Zero Hash and Revolut follows a series of listings on other major exchanges, including Margex, Bitstamp, Uphold, Bullish, Independent Reserve, Moonpay, Bitso, and Coinmena. This growing support for RLUSD signals a bullish outlook for the XRP ecosystem, as it increases the stablecoin's liquidity and accessibility.

The integration of RLUSD on Zero Hash and Revolut enables customers to benefit from the stablecoin's stability and low volatility, making it an attractive option for various use cases, such as cross-border payments, remittances, and everyday transactions. By supporting transactions on both the XRP Ledger and Ethereum networks, Ripple is fostering interoperability and promoting the adoption of its stablecoin across different blockchain platforms.

Ripple's commitment to expanding the reach of its stablecoin offerings aligns with its broader mission to facilitate faster, cheaper, and more reliable cross-border payments. As RLUSD gains traction on more trading platforms, it has the potential to become a widely-used stablecoin, further enhancing the XRP ecosystem's appeal to both businesses and individual users.