Binance to list Ripple’s stablecoin, RLUSD, for spot trading.
It will be available in two pairs, namely RLUSD/USDT and XRP/RLUSD.
Brad Garlinghouse has called this development extremely positive.
Binance has announced that it is listing the stablecoin of Ripple, RLUSD. Backed by a fiat currency, the stablecoin will be available in two pairs at the time of launch. Brad Garlinghouse has acknowledged this update. Up next, Binance has said that it will expand its list of partners and soon introduce XRPL.
Ripple Stablecoin RLUSD on Binance
Backed by the US Dollar, Ripple’s stablecoin RLUSD is set to be listed on Binance in two pairs – RLUSD/USDT and XRP/RLUSD. It currently comes with support for Ethereum and covers spot trading support for the stablecoin. Binance, in the announcement, has said that the development builds on the momentum of RLUSD.
A listing on Binance serves Ripple’s stablecoin in a broad way. It provides deep liquidity and access to its global audien
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