Another Top Exchange Signals Ripple’s RLUSD Listing
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Ripple’s USD-pegged stablecoin, RLUSD, continues its rapid ascent in the cryptocurrency market, with BitMEX reportedly preparing to list the asset. This development was highlighted by crypto influencer Amelie on X, signaling BitMEX’s intention to support RLUSD trading. While BitMEX has yet to issue an official statement, this move aligns with Ripple’s broader strategy to expand RLUSD’s availability across major exchanges. BREAKING: BITMEX SIGNALS UPCOMING LISTING FOR RIPPLE‘S STABLECOIN RLUSD! #XRP pic.twitter.com/pZKZ55s8LF — 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) May 19, 2025 RLUSD’s Growing Exchange Presence Since its launch in December 2024, RLUSD has been listed on several prominent exchanges, including Gemini , Bitstamp, Kraken, and Bullish. Gemini’s recent addition of RLUSD led to a significant surge in trading volume, with a 63.7% increase to over $52 million in a single day. This uptick underscores the market’s growing interest in RLUSD as a stable and reliable digital asset. Ripple’s commitment to transparency and regulatory compliance has been a driving force behind RLUSD’s adoption. The stablecoin is fully backed by U.S. dollar deposits, short-term U.S. Treasuries, and cash equivalents, ensuring its stability and trustworthiness. Integration into Ripple’s Ecosystem Beyond exchange listings, RLUSD is being integrated into Ripple’s broader financial ecosystem . The stablecoin is now part of Ripple Payments, the company’s enterprise-grade cross-border payment solution. Additionally, Ripple’s acquisition of prime brokerage firm Hidden Road for $1.25 billion aims to utilize RLUSD as collateral in institutional settlement services, further embedding the stablecoin into global financial infrastructure. Ripple has also demonstrated RLUSD’s utility in real-world applications. In a notable philanthropic effort, the company donated $25 million in RLUSD to support U.S. educational initiatives , distributing funds through organizations like DonorsChoose and Teach For America. This initiative highlights RLUSD’s potential for efficient, transparent, large-scale transactions. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Market Outlook As RLUSD continues to gain traction, its market capitalization has experienced substantial growth. Following its listing on Gemini, RLUSD’s market cap reached $317 million, marking a 338.6% increase since the beginning of 2025. The anticipated listing on BitMEX is expected to further enhance RLUSD’s liquidity and accessibility, attracting both retail and institutional investors. As Ripple continues to expand RLUSD’s presence across exchanges and integrate it into various financial services, the stablecoin is poised to play a significant role in the evolving digital asset landscape. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Another Top Exchange Signals Ripple’s RLUSD Listing appeared first on Times Tabloid .

Source: TimesTabloid