Ripple's RLUSD Stablecoin Lists on Bitget Aiming for Top Five by 2025

Generated by AI AgentCoin World
Thursday, May 29, 2025 7:04 am ET1min read
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Ripple’s stablecoin,

RLUSD
, has been listed on
Bitget
, marking a significant step in its ambition to become a leading player in the stablecoin market. This listing expands RLUSD’s trading pairs to include RLUSD/USDT and RLUSD/USDC, making it more accessible to traders. The move is part of Ripple’s broader strategy to establish RLUSD as a top stablecoin by 2025, a goal that currently faces significant challenges.

RLUSD, launched in late 2022, is a relatively new entrant in the stablecoin space. As of the latest data, it ranks 22nd by market cap, with a market cap of $308.9 million. Despite its steady effort to grow its exchange footprint, including listings on Bitget, BitMEX, Kraken, and Bitstamp, RLUSD faces stiff competition from established stablecoins like Tether (USDT) and USD Coin (USDC).

Ripple has set an ambitious target for RLUSD to break into the top five stablecoins by market cap by the end of 2025. However, achieving this goal will require more than just exchange listings. RLUSD would need to more than double its market cap to surpass stablecoins like PayPal USD and TrueUSD, which are currently ahead in the rankings. The lack of new issuance this month raises questions about RLUSD’s growth prospects, as a stablecoin’s market cap depends directly on its circulating supply.

The Bitget listing adds legitimacy and reach to RLUSD, but it also puts pressure on Ripple to deliver on its ambitious goals. For RLUSD to become a major player, it will need real-world use cases, greater institutional uptake, and a steady issuance strategy. The stablecoin landscape is evolving quickly, with algorithmic models and regulatory-backed players gaining traction. RLUSD’s success will depend on whether it can carve out a distinct value proposition, whether through cross-border payments, DeFi integrations, or ecosystem partnerships.

In conclusion, Ripple’s latest exchange partnership with Bitget gives RLUSD greater visibility, but it also puts the pressure on. If the company hopes to meet its bold 2025 target, the next 6–12 months will be critical. More listings alone won’t suffice — utility, demand, and consistent issuance will be key drivers of long-term success.