Core Insights - Bitget has launched Ripple USD (RLUSD), a USD-pegged stablecoin issued by Ripple, on its spot trading platform, responding to the growing demand for secure and compliant digital assets, particularly among institutional participants [2][3] - RLUSD is backed by independent reserves of fiat currency and cash equivalents, ensuring its 1:1 peg to the US dollar, and is natively issued on both the XRP Ledger (XRPL) and Ethereum, leveraging the unique advantages of each blockchain [2][3] - The introduction of RLUSD aligns with Bitget's strategy to support robust and practical assets in the expanding spot market, catering to projects that drive blockchain adoption through real-world applications [2][3] Company Strategy - Bitget's CEO, Gracy Chen, emphasized the importance of transparency and compliance for institutions in the evolving digital asset landscape, highlighting RLUSD's unique regulatory framework as a key advantage [3] - The launch of RLUSD is part of Bitget's 2025 strategy to expand its product offerings suitable for institutions and to build a stronger, more reliable ecosystem [3] - Bitget aims to enhance its product range by connecting users to diverse ecosystems, including Bitcoin, Ethereum, Solana, Base, and TON, with RLUSD marking a strategic move to introduce regulated stablecoins [4] Market Context - The introduction of RLUSD responds to the increasing prominence of stablecoins as essential tools in decentralized finance (DeFi), gaming, and tokenized asset ecosystems [3][4] - Bitget has supported over 900 cryptocurrency trading pairs and continues to expand its offerings to meet the growing demands of the cryptocurrency market [4] - Ripple, as a leading provider of digital asset infrastructure for financial institutions, aims to enhance efficiency and reduce friction in global finance, leveraging its XRP Ledger and native digital asset XRP [7]
Bitget 推出 Ripple USD (RLUSD),扩大现货市场稳定币的产品范围
Globenewswire·2025-05-30 05:17