Ripple’s RLUSD Stablecoin Eyes Major Exchange Listings in 2025
Vignesh S G10 Jan 20253 min read
Ripple’s stablecoin RLUSD is the talk of the town. Recently, the Bitstamp cryptocurrency exchange openly extended its support to the sensational stablecoin. A recent interview conducted by a popular media house with Jack McDonald, a senior vice president of Ripple responsible for handling its stablecoin operations, reveals that the company has plans to list its stablecoin on more exchanges. Let’s have a closer look at the developments.
What Makes RLUSD Stand Out?
While RLUSD may seem like just another dollar-pegged stablecoin, it has some unique qualities that set it apart. First, it’s launched by Ripple, a well-known company that has made headlines for its ongoing battles with U.S. regulators. Recently, RLUSD received final approval from the New York State Department of Financial Services. Following the approval, the stablecoin was launched on both the Ethereum and XRP Ledger networks.
RLUSD Expansion Plans
Bitstamp has already listed RLUSD on its platform, becoming one of the first major exchanges to officially support the stablecoin.
McDonald is optimistic about RLUSD’s future and believes the stablecoin will be listed on even more top exchanges in 2025. He mentioned that platforms like coinbase coinbase Coinbase is one of the leading cryptocurrency exchanges known for making digital asset trading secure, easy, and accessible for everyone. Founded by Brian Armstrong and Fred Ehrsam in 2012, the company allows users to buy, sell, and trade cryptocurrencies. Coinbase supports a wide range of cryptocurrencies and provides advanced features like secure trading, crypto holding management, and native blockchain transactions. Key Features Users can purchase, exchange, and manage cryptocurrencies, including Bitcoin and Ethereum. Advanced trading tools for professional traders. A self-custody crypto wallet known as the Coinbase wallet, now available as the Base app. Users can earn rewards on staked cryptocurrencies. Prime brokerage, including costs, trading, and custody for institutions. APIs and on-chain solutions for developers. [email protected] WalletCentralised Exchange and Binance Binance Binance is the largest cryptocurrency exchange platform, offering crypto trading with a wide range of cryptocurrencies and tokens, including Bitcoin, Ethereum, Dogecoin, Litecoin, and its own token, Binance coin (BNB). Founded in 2017 by Changpeng Zhao (CZ) and Yi He, it is considered one of the most powerful forces in the global crypto economy, with features such as spot, futures, staking, launchpads, and DeFi integrations. Key Features: An easy interface that allows users to purchase and trade Bitcoin directly with one another. Users can generate and trade numerous sorts of tokens in a simple and user-friendly manner. The Binance platform offers tools for buying, selling, and generating NFTs. Users can send, receive, and store digital assets in a safe cryptocurrency wallet. Educational resources to help consumers learn about blockchain, cryptocurrency, and trade. Monetary transactions allow users to purchase cryptocurrency with credit cards, bank transfers, and payment applications. [email protected] Centralised ExchangeCryptocurrenciesTrading AppCryptocurrency investment might soon partner with Ripple to help boost RLUSD. However, McDonald also acknowledged the technical challenges involved in listing RLUSD on more exchanges, such as compatibility issues and market demand.
Additionally, he pointed out the challenge of exclusive relationships, citing Binance’s connection with FDUSD and Coinbase’s focus on USDC.
Can Exclusive Partnerships Hold Back RLUSD?
McDonald remains hopeful that major exchanges might reconsider their exclusive relationships in the future. Coinbase, for example, clarified that it has no exclusive deal with USDC, as it supports a variety of stablecoins like PAX, GUSD, PYUSD, and USDT. This openness leaves room for the possibility of RLUSD being added to Coinbase’s platform.
Ripple’s RLUSD is on track to expand its presence across major exchanges, including Coinbase. With regulatory approval secured and growing interest in the stablecoin, RLUSD is positioning itself as a key player in the stablecoin market.
The next few months will reveal if more exchanges follow Bitstamp’s lead and help make RLUSD a dominant force in the crypto world.
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