Bitget Enhances Stablecoin Diversity with Ripple USD ($RLUSD) Listing
Bitget has strategically expanded its stablecoin offerings by listing Ripple USD ($RLUSD) on its spot trading platform. This move underscores Bitget’s commitment to diversifying its portfolio and catering to institutional demand for regulated stablecoins. $RLUSD, a USD-pegged asset issued by Ripple, is now available for trading on both Ethereum and XRP Ledger networks, backed by full reserve USD cash holdings. The listing reflects the growing trend of regulated stablecoins in the crypto market, offering users a reliable and transparent digital asset option.
Bitget Expands Stablecoin Offerings with Listing of Ripple USD ($RLUSD)
Bitget has added Ripple USD ($RLUSD) to its spot trading platform, marking a strategic move to diversify its stablecoin portfolio. The USD-pegged asset, issued by blockchain payments firm Ripple, is now available for trading on both ethereum and XRP Ledger networks.
The listing comes amid growing institutional demand for regulated stablecoins. $RLUSD distinguishes itself through full reserve backing in USD cash and equivalents, positioning it as an enterprise-grade digital dollar alternative.
Bitget’s decision reflects broader industry trends, where exchanges are competing to offer compliant stablecoin options. The platform’s spot market continues to prioritize assets with clear utility and robust infrastructure.
RLUSD Listed on Bitget as Saudi Prince Backs Ripple with $121M Investment
Ripple’s stablecoin RLUSD has secured a listing on Bitget, one of the largest cryptocurrency exchanges with $711 billion in trading volume. The move coincides with a $121 million investment from Saudi Prince Abdulaziz bin Turki Abdulaziz Al Saud into VivoPower’s XRP treasury strategy, signaling strong institutional confidence in Ripple’s ecosystem.
The RLUSD listing, now live in Bitget’s Innovation and Web3 zones, marks its fourth major exchange debut this year. Trading pairs with USDT are available for both retail and institutional traders. Gracy Chen, Bitget’s CEO, emphasized the partnership’s role in expanding regulated stablecoin accessibility.
Market response has been immediate—RLUSD’s market cap now stands at $309 million with trading volume surging 61%. The Saudi royal endorsement adds geopolitical weight to XRP’s growing institutional adoption across the XRP Ledger.