Ripple USD Stablecoin Achieves Listing on $7.11 Billion Exchange

Ripple USD Stablecoin Lands on Bitget Spot Trading Platform

Ripple USD (RLUSD), a U.S. dollar-pegged stablecoin issued by Ripple, has officially launched on Bitget's spot trading platform. The listing places RLUSD on an exchange managing over $7.1 billion in assets with a daily spot trading volume exceeding $3.4 billion.

With growing demand for regulated, enterprise-grade stablecoins, Bitget's support expands RLUSD's global market reach. The stablecoin is backed 1:1 by USD reserves held in cash and cash equivalents, with native issuance on both the XRP Ledger and Ethereum networks.

Bitget's dual-chain support for RLUSD highlights the asset's regulatory standing—issued by a NYDFS-chartered trust—distinguishing it in an industry where transparency and compliance are increasingly critical.

Trading pairs now available on Bitget include RLUSD/USDT and RLUSD/USDC, mirroring support on platforms like Kraken, Uniswap, and Bitstamp. Current data shows RLUSD trading at parity, with a $309 million market cap and over $63 million in daily trading volume.

As stablecoins gain traction across DeFi, payments, and tokenized assets, this listing enhances RLUSD's accessibility and liquidity. The move underscores the stablecoin sector's evolution toward regulatory clarity, cross-chain functionality, and real-world utility over speculative hype.