- Ripple USD listed in Bitget’s Spot Market.
- Aim to be a top stablecoin by year-end.
- Enhanced compliance positions RLUSD for institutions.
Bitget, a prominent global crypto exchange, listed Ripple USD (RLUSD) in its Spot Market on May 29, 2025, fostering stablecoin growth.
Bitget’s RLUSD listing is significant as it integrates regulatory-compliant stablecoins, expanding Ripple’s reach in institutional and DeFi markets. The move aligns with Ripple’s strategy aiming for stablecoin leadership.
Bitget has now listed Ripple USD (RLUSD) in its Spot Market, supporting broader stablecoin adoption. The addition positions RLUSD for increased institutional use and shows Bitget’s commitment to offering more stablecoin options.
Standard Custody & Trust Company, LLC, a subsidiary of Ripple Labs, issues RLUSD. The listing at Bitget allows trading pairs with USDT and USDC. The move aligns with Ripple’s objective to enhance compliance and market access.
The market impact of this listing could be substantial as RLUSD enables more cross-border payments and enhances liquidity. Providing a regulated alternative is expected to attract institutional investors seeking stable cryptocurrencies.
“Ripple USD (“RLUSD”), issued by Standard Custody & Trust Company, LLC, a wholly owned subsidiary of Ripple Labs, is a USD denominated stablecoin created with trust, liquidity, and compliance at its core. Each RLUSD is backed by at least an equivalent amount of U.S. dollars and other cash equivalents.” — Bitget Official Announcement
The listing’s implications extend to potentially reshaping stablecoin dynamics by boosting adoption of RLUSD. Tracking its market cap position against USDT and USDC will be crucial in understanding its adoption rate and liquidity.
Future market dynamics depend on RLUSD’s performance against USDT and USDC. By leveraging regulatory compliance and expanding utility, RLUSD could influence shifts in the cryptocurrency ecosystem, particularly within stablecoin circulation.
Insights suggest RLUSD, backed by regulatory oversight, is strategically positioned for trusted cross-chain payments. As Ripple targets an ambitious top-five stablecoin market cap, historical trends indicate RLUSD’s growth potential.
