New RLUSD Pairs Listed by Major Exchange: Details

Main crypto buying and selling platform Bitget, headquartered in Hong Kong, has introduced that it has rolled out new pairs with the Ripple USD (RLUSD) stablecoin after including assist for this lately launched Ripple product roughly per week in the past.

As reported by U.Immediately, the preliminary itemizing of the brand new dollar-pegged stablecoin came about on Might 29. On that day, the platform launched the next buying and selling pairs primarily based on Ripple’s new product: RLUSD/USDT and RLUSD/USDC — Ripple’s stablecoin versus these minted by Tether and Circle.

Now, Bitget has introduced that new pairs have gone dwell for merchants: BTC/RLUSD, ETH/RLUSD and XRP/RLUSD.

In line with CoinMarketCap, RLUSD, which was launched in December 2024, at present boasts a market capitalization measurement of $369.68 million and sits in 205th place, in line with CoinMarketCap.

The entire provide of the stablecoin, in line with the identical supply, stands at 369.74 million RLUSD.

This whole provide of the stablecoin to this point appears to fulfill its customers’ wants since Ripple Labs has not carried out any RLUSD-related exercise since Might 14. On that day, Ripple Treasury burned virtually 4,000,000 stablecoins. As for the final time Ripple minted any new RLUSD, it occurred on April 25, when 38,000,000 RLUSD have been issued and 15,000,000 RLUSD have been burned by the identical entity.