Bitget Lists Ripple Stablecoin RLUSD

Source
Minseung Kang

Summary

  • Bitget announced that it will simultaneously list Ripple's stablecoin RLUSD in the Web3 Zone and Innovation Zone.
  • They stated that spot trading of RLUSD with USDT and USDC will begin at 19:00 (KST) on the 29th.
  • The stablecoin is said to be backed 1:1 by United States dollar and cash equivalents, emphasizing trust, liquidity, and regulatory compliance.

Ripple's stablecoin 'RLUSD' will be listed on the global virtual asset (cryptocurrency) exchange Bitget.

On the 29th, Bitget announced through its official channels, "We will list RLUSD simultaneously in the Web3 Zone and Innovation Zone of the exchange. Spot trading for RLUSD/USDT and RLUSD/USDC will begin at 19:00 (KST) on the same day. Withdrawals will be possible from the following day, the 30th."

Meanwhile, RLUSD is backed 1:1 by United States dollar and cash equivalents, highlighting trust, liquidity, and regulatory compliance as its core values.

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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