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Bitget, a leading cryptocurrency exchange and Web3 Company, has released a list of Ripple USD (RLUSD) on its spot trading platform. RLUSD, a corporate-grade USD-backed Stablecoin issued by RIPPLE, enters the Bitget ecosystem at a time when demand for secure, compliant digital assets continues to grow, especially among institutional participants and developers focusing on corporate-grade blockchain use cases.
With Stablecoin pinned to USD 1:1, RLUSD is issued natively in both XRP ledgers (XRPL) and Ethereum, leveraging the unique strengths of each blockchain. The assets are supported by segregated reserves worth US dollar fiat and cash. Bitget’s decision to list RLUSD is consistent with a strategy to support strong, high utility-driven assets across the growing spot market.
“We’re looking forward to seeing you in the future,” said Gracy Chen, CEO of Bitget. “RLUSD stands out as one of the few stability issued by a limited purpose trust company with NYDFS charters, placing it in a unique, clear regulatory framework, particularly in search of transparency and compliance in today’s evolving digital asset environment.
Bitegt’s RLUSD list expanded access and provided a reliable trading venue for one of the industry’s most closely monitored digital assets.
Bitget continues to expand its list to support the growing demand in the crypto market. RLUSD integration responds to a continuous wave of stubcoins that have gained popularity as a key tool in decentralized finance (DEFI), games, and tokenized asset ecosystems.
With its commitment to wide selection of over 900 crypto pairs and expanding its products, Bitget connects users to a variety of ecosystems, including Bitcoin, Ethereum, Solana, Base, Ton, and more. The addition of RLUSD shows a strategic move to embrace regulated stubcoins becoming gateways for trading innovative crypto projects.
For more information about Bitget’s RLUSD, click here.
About Bitget
Founded in 2018, Bitget is the world’s leading cryptocurrency exchange and web 3 company. With Bitget Exchange serving more than 100 million users in over 150 countries and territories, it is committed to helping users trade smarter with pioneering copy trading capabilities and other trading solutions, providing real-time access to Bitcoin prices, Ethereum prices and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers comprehensive Web3 solutions and features, including wallet features, token swap, NFT marketplace, and DAPP browsers.
Bitget is at the forefront of promoting the adoption of crypto through strategic partnerships, including roles as the official crypto partner in the world’s top football leagues, Lariga, Eastern, Sea and Ratum markets, with global partners of Turkish national athletes, Tosunchavoshuru (wrestling world champion), and Zamuchin Zavimulmu faction of Samet Gumhum’s Zavimulmu team (volleyball national team), urging the global community to embrace the future of cryptocurrency.
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About ripples
Ripple is a leading provider of digital asset infrastructure for financial institutions and other businesses. Deploy simple, compliant and reliable software that unlocks efficiency, reduces friction and enhances global finance innovation. Ripple’s solutions utilize the XRP ledger and its native digital asset, XRP. XRP was dedicated to enabling fast, low-cost, highly scalable transactions across developer and financial use cases. With a proven track record of working with regulators and policymakers around the world, Ripple’s payments, custody and Stablecoin solutions pioneer the digital asset economy. Together with our customers, partners and developer community, we are transforming the way the world creates, stores, manages and moves value.
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