Ripple’s RLUSD Listed on Top Crypto Exchange Bybit

Core Insights - Bybit has listed Ripple's USD-backed stablecoin RLUSD, enhancing the connection between Traditional Finance (TradFi) and Decentralized Finance (DeFi) [1] - The listing expands RLUSD's market reach and use cases, providing traders and institutional investors with direct access to a regulated digital asset [2][3] Bybit's Listing Details - Bybit now supports multiple trading pairs for RLUSD, including RLUSD/USDT, RLUSD/ETH, RLUSD/BTC, RLUSD/MNT, and RLUSD/XRP, although availability is subject to regulatory restrictions [4] - The exchange's reputation as a major player in the industry signifies a significant achievement for both RLUSD and Ripple [3] Market Performance - Since its launch in December 2024, RLUSD has quickly grown to become the 90th largest cryptocurrency, with a market capitalization of $789.45 million [5] - The stablecoin has gained popularity across various platforms, including Bullish, Kraken, Bitstamp, and Gemini, which listed RLUSD in May 2025 [5][6] Future Expectations - The broader crypto market anticipates that major exchanges like Binance and Coinbase will also list RLUSD, with Bybit's listing potentially paving the way for further support [7]