Ripple has officially announced its partnership with leading cryptocurrency exchanges to launch the Ripple USD (RLUSD) stablecoin. This strategic move aims to provide a globally accessible stablecoin tailored for institutional and individual users.
RLUSD Exchange Partners and Availability
According to Ripple's official statement, RLUSD will be available on major crypto trading platforms, including:
- Uphold
- Bitstamp
- Bitso
- MoonPay
- Independent Reserve
- CoinMENA
- Bullish
Leading market makers such as B2C2 and Keyrock will ensure liquidity for RLUSD, enhancing its adoption across financial ecosystems.
👉 Discover how RLUSD is set to revolutionize stablecoin adoption
Key Features of RLUSD
RLUSD is designed to serve enterprise clients by combining the stability of fiat currencies with blockchain efficiency. Primary use cases include:
- Cross-border payments
- Fiat on/off ramps
- Tokenization of real-world assets
Each RLUSD token maintains a 1:1 parity with the US dollar and is fully backed by:
- Dollar reserves
- US government bonds
- Cash equivalents
Current RLUSD Supply
While still in private beta mode, RLUSD has already reached a supply exceeding $60 million, distributed as follows:
| Blockchain | RLUSD Supply (Millions) |
|----------------|------------------------|
| XRP Ledger (XRPL) | 33.75 |
| Ethereum | Remaining balance |
Ripple CEO’s Vision
Ripple CEO Brad Garlinghouse emphasized that RLUSD’s launch addresses growing market demand for enterprise-grade stablecoins. He highlighted:
“Our payment solutions will leverage RLUSD, XRP, and other digital assets to enable faster, more reliable, and cost-effective cross-border payments.”
RLUSD Advisory Board
To guide RLUSD’s market entry, Ripple has formed an RLUSD Advisory Board, featuring industry leaders such as:
- Sheila Bair (Former FDIC Chair)
- David Puth (Ex-CENTRE Consortium CEO)
- Chris Larsen (Ripple Co-founder)
David Puth noted:
“Stablecoins bridge traditional finance and crypto markets by offering transaction stability while enhancing transparency via blockchain.”
Sheila Bair added that RLUSD could significantly advance financial infrastructure modernization and inclusion.
FAQs
What exchanges support RLUSD?
RLUSD is available on platforms like Bitstamp, Uphold, and CoinMENA.
How is RLUSD backed?
Each token is fully collateralized by USD reserves, bonds, and cash equivalents.
What are RLUSD’s primary use cases?
Cross-border payments, fiat ramps, and asset tokenization.
👉 Explore the future of stablecoins with RLUSD
Conclusion
RLUSD represents a major step in Ripple’s mission to enhance blockchain-based financial solutions. With strong exchange support, regulatory compliance, and enterprise-focused utility, it is poised to become a benchmark in the stablecoin market.
### Notes:
- Keywords: **RLUSD, Ripple, stablecoin, XRP Ledger, Ethereum, exchanges, cross-border payments**
- Anchor texts and FAQs integrated naturally.
- Removed promotional content and adjusted title for clarity.