Core Insights - Ripple's USD-pegged stablecoin RLUSD has been listed for spot trading on Binance, enhancing its liquidity and trading activity [1][2] - The listing includes trading pairs XRP/RLUSD and RLUSD/USDT, marking a significant milestone in RLUSD's growth [2] - RLUSD has surpassed $1 billion in market cap within a year of its launch, maintaining a reserve buffer of over 103% [4] Group 1: Trading and Utility - RLUSD will be available for spot trading on Binance, with portfolio margin eligibility and increased utility in leveraged trading strategies [3] - The stablecoin will soon be added to Binance Earn, providing users with new ways to interact with RLUSD holdings [3] Group 2: Future Expansion Plans - Ripple plans to expand RLUSD to multiple Ethereum Layer-2 networks in 2026, utilizing Wormhole's cross-chain messaging protocol [5] - This expansion aims to make RLUSD one of the first stablecoins to natively integrate with various Ethereum scaling networks [5] Group 3: Partnerships and Use Cases - Major nonprofits, including World Central Kitchen and Water.org, have partnered with Ripple to use RLUSD for humanitarian aid delivery, enhancing funding speed and transparency [6]
Binance Exchange Lists Ripple’s RLUSD Stablecoin
Yahoo Finance·2026-01-21 12:34