Bitget Lists Ripple USD (RLUSD)
Bitget Expands Stablecoin Offerings with Ripple USD (RLUSD) Listing
Bitget, a leading cryptocurrency exchange and Web3 company, has announced the listing of Ripple USD (RLUSD) on its spot trading platform. This addition caters to the growing demand for secure and compliant digital assets, particularly within the institutional and enterprise blockchain sectors.
RLUSD, issued by Ripple, is a USD-backed stablecoin pegged 1:1 to the US dollar. It's natively issued on both the XRP Ledger (XRPL) and Ethereum, offering the benefits of both blockchains. The asset is secured by a segregated reserve of USD fiat and cash equivalents. Bitget's decision reflects its strategy of supporting high-utility assets with strong fundamentals on its expanding spot market, a curated space for projects driving real-world blockchain adoption.
Gracy Chen, CEO of Bitget, stated, "We are thrilled to partner with Ripple, a leader in crypto adoption. RLUSD distinguishes itself as one of the few stablecoins issued by a NYDFS-chartered limited purpose trust company, providing a clear regulatory framework—crucial for institutions prioritizing transparency and compliance. This listing aligns with our 2025 goal of expanding institutional offerings and fostering a more robust and trustworthy ecosystem."
Bitget's RLUSD listing enhances access and provides a reliable trading venue for this closely watched digital asset. This move responds to the increasing popularity of stablecoins as essential tools in decentralized finance (DeFi), gaming, and tokenized asset ecosystems.
With over 900 crypto pairs and a commitment to expanding its offerings, Bitget connects users to diverse ecosystems, including Bitcoin, Ethereum, Solana, Base, and TON. The addition of RLUSD showcases Bitget's strategic focus on regulated stablecoins as a gateway to innovative crypto projects.
Learn more about RLUSD on Bitget: Bitget RLUSD Support Page
About Bitget
Founded in 2018, Bitget is a leading global cryptocurrency exchange and Web3 company serving over 100 million users across 150+ countries and regions. Bitget is dedicated to providing users with advanced trading solutions, including its innovative copy trading feature, and real-time access to cryptocurrency prices. Bitget Wallet (formerly BitKeep) is a multi-chain crypto wallet offering Web3 solutions like wallet functionality, token swap, NFT Marketplace, and a DApp browser. Bitget actively promotes crypto adoption through partnerships, including its role as the Official Crypto Partner of LALIGA and its collaborations with Turkish National athletes.
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About Ripple
Ripple provides digital asset infrastructure for financial institutions and enterprises. Their solutions leverage the XRP Ledger and XRP to enable fast, low-cost, and scalable transactions. Ripple works closely with regulators globally, offering payments, custody, and stablecoin solutions to build trust and credibility in the enterprise blockchain space.
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