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XRP’s Strategic Expansion: Bitget Lists Ripple USD (RLUSD) to Boost Stablecoin Ecosystem

XRP’s Strategic Expansion: Bitget Lists Ripple USD (RLUSD) to Boost Stablecoin Ecosystem

Author:
XRP News
Published:
2025-05-29 20:23:26
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[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

In a significant move to enhance its stablecoin offerings, Bitget has listed Ripple USD (RLUSD) on its spot trading platform. This development underscores Bitget’s commitment to supporting high-utility digital assets and catering to institutional demand for compliant blockchain solutions. RLUSD, a USD-backed stablecoin issued by Ripple, is natively available on both the XRP Ledger and Ethereum, backed by segregated reserves in USD and cash equivalents. This listing aligns with Bitget’s 2025 institutional strategy, further solidifying XRP’s position in the crypto market. As of now, XRP is trading at 2.27230000 USDT, reflecting strong market confidence. The integration of RLUSD into Bitget’s platform is expected to drive liquidity and adoption, offering users a reliable and regulated stablecoin option. This step not only expands Bitget’s portfolio but also highlights the growing importance of stablecoins in the evolving financial landscape.

Bitget Lists Ripple USD (RLUSD) to Expand Stablecoin Offerings

Bitget has added Ripple USD (RLUSD) to its spot trading platform, marking another step in its strategy to support high-utility digital assets. RLUSD, a USD-backed stablecoin issued by Ripple, caters to institutional demand for compliant blockchain solutions. The token is natively issued on both the XRP Ledger and Ethereum, backed by segregated reserves in USD and cash equivalents.

The listing aligns with Bitget’s 2025 institutional expansion plans. RLUSD’s regulatory clarity as a NYDFS-chartered trust company product makes it particularly attractive for enterprise adoption. This MOVE comes as stablecoins continue gaining traction in real-world blockchain applications.

Ripple Defends XRP in SEC Filing Amid Ongoing Securities Debate

Ripple has submitted a formal response to the U.S. Securities and Exchange Commission’s crypto Task Force, challenging the regulatory framework for digital assets. The four-page letter directly addresses Commissioner Hester Peirce’s recent speech questioning when crypto assets transition from investment contracts to non-securities.

The company’s legal team, led by Chief Legal Officer Stuart Alderoty, positions XRP as a prime example of this separation. Ripple maintains that secondary market transactions of most fungible tokens—including XRP—should not fall under securities classification under current U.S. law.

This move represents Ripple’s latest strategic effort to shape cryptocurrency regulation while reinforcing XRP’s legal standing. The filing cites a 2022 legal paper supporting their interpretation of investment contract law as it applies to digital assets.

Ripple’s XRP Gains Momentum with RLUSD Listings and Saudi Royal Backing

Ripple’s XRP ecosystem is witnessing significant institutional traction as its RLUSD stablecoin secures listings on major exchanges and garners high-profile support. Bitget became the latest platform to list RLUSD, offering spot trading pairs with USDT in its Innovation and Web3 Zones. The stablecoin, issued by Ripple’s subsidiary Standard Custody & Trust Company, emphasizes regulatory compliance and liquidity.

In a parallel development, Saudi Prince Abdulaziz bin Turki Abdulaziz Al Saud is championing an XRP-centric digital asset treasury strategy through Nasdaq-listed VivoPower. The initiative signals growing institutional confidence in XRP’s role as a treasury asset, coinciding with broader market anticipation around cryptocurrency ETFs.

BitMEX previously broke ground by accepting RLUSD as margin collateral for derivatives trading—a first for Ripple’s stablecoin. These developments collectively underscore XRP’s expanding utility beyond payments, positioning it as a multifaceted asset in institutional portfolios.

XRP Price Prediction Turns Bullish as Altcoin Momentum Shifts Toward Presales

XRP has surged past $2.60, marking a decisive breakout from its prolonged consolidation. Traders now eye the $3 resistance level as bullish momentum builds across the crypto market. The rally coincides with renewed interest in early-stage tokens, where presale opportunities offer higher upside potential.

Technical indicators suggest strength, with XRP holding above $2.20 support on increasing volume. Market participants observe capital rotation from large-cap assets toward emerging projects, particularly those featured in industry publications like Bitzuma magazine. While XRP remains a cornerstone holding, risk-tolerant investors are diversifying into smaller-cap alternatives.

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