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Ripple Expands RLUSD Access to Over 280 Spot Trading Pairs

GateNews
Capital FlowPartnerships & Ecosystem

According to The Block, Ripple announced on Wednesday a partnership to expand RLUSD access to over 280 spot trading pairs on a major cryptocurrency exchange. The USD-pegged stablecoin, which launched in December 2024, has a market capitalization of over $1.5 billion and aims to compete with Tether's USDT and Circle's USDC.

Traders can use RLUSD as institutional-grade margin collateral for derivatives, including perpetual futures. Deposits and withdrawals are enabled via the XRP Ledger, with direct minting and redemption ensuring consistent liquidity access.

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