[PRESS RELEASE – Victoria, Seychelles, January 29th, 2025] Margex, a trading platform offering accessible and user-friendly copy trading, unveiled Ripple’s stablecoin (RLUSD) as collateral for trading crypto pairs.
Margex now supports RLUSD alongside other stablecoin options, such as USDT, offering users access to reliable and efficient trading solutions.
RLUSD is a U.S. dollar-pegged stablecoin maintained at a 1:1 ratio, backed by a collateralized mechanism that includes dollar deposits, government bonds, and cash equivalents. This structure aims to enhance stability and security for users engaging in digital asset transactions on the Margex platform.
Ripple’s stablecoin (RLUSD) is designed on the XRP ledger and Ethereum network enabling its users to access its liquidity, security, fast transaction speed, and low transaction fees across borders. This structure aims to enhance efficiency compared to traditional financial systems.
Margex exchange listing RLUSD on its platform will

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