Ripple's stablecoin RLUSD is poised for a significant expansion, with plans to launch on major cryptocurrency exchanges "imminently," according to company executives. This move aims to broaden accessibility and accelerate adoption of RLUSD, which debuted on smaller platforms in December 2024.
Key Developments for RLUSD
- Expansion to Major Exchanges
Ripple President Monica Long confirmed in a Bloomberg interview that RLUSD will soon be available on larger trading platforms. Senior VP Jack McDonald emphasized Ripple’s 2025 focus on global expansion through partnerships with top exchanges and blockchain integrations. - Initial Launch and Regulatory Approval
RLUSD premiered on December 17, 2024, on exchanges like Uphold, Bitso, and MoonPay after receiving approval from the New York Department of Financial Services. - Bitstamp Listing
The stablecoin launched on Bitstamp this week, with CEO Bobby Zagotta noting strong early demand and trading volume.
Stablecoin Market Dynamics
Stablecoins like RLUSD serve as a bridge between traditional finance and crypto, offering:
- Cross-border payment efficiency
- Inflation-resistant value storage
- Low-cost transactions
👉 Why stablecoins are reshaping global finance
Market Competition Challenges
Despite growing interest, RLUSD faces steep competition:
| Stablecoin | Market Cap (2025) | Issuer |
|------------|-------------------|----------------|
| USDT | $137 billion | Tether |
| USDC | Dominant share | Circle |
| PYUSD | $500 million | PayPal |
Ripple aims to position RLUSD as a preferred payment solution, leveraging its existing infrastructure for XRP transactions.
FAQs
1. When will RLUSD be available on Coinbase or Binance?
Ripple has not specified dates but confirms listings are imminent.
2. How is RLUSD different from other stablecoins?
RLUSD integrates with Ripple’s payment network, potentially offering faster settlement for institutional users.
3. What’s RLUSD’s current adoption rate?
Ripple reports "incredible momentum" but hasn’t shared detailed metrics.
👉 Explore Ripple’s payment solutions
Outlook
Long-term success hinges on:
- Exchange partnerships
- Regulatory compliance
- Use-case adoption
Ripple’s Long remains optimistic: "Ripple U.S. dollar will have a premium role in payment solutions."