Bitstamp Expands Offering with Ripple's RLUSD

user avatar

by Giorgi Kostiuk

2 years ago

Bitstamp has added RLUSD, Ripple's stablecoin, to its list of digital assets, providing new opportunities for investors and traders.

RLUSD Integration on Bitstamp

Bitstamp now offers RLUSD, Ripple's USD-denominated stablecoin, on its trading platform. Available trading pairs include USD, EUR, BTC, ETH, XRP, and USDT. Supported on the Ethereum network, RLUSD is a stable digital currency backed by U.S. dollars and cash equivalents.

Partnerships to Strengthen RLUSD in DeFi

Chainlink partnered with Ripple to integrate decentralized RLUSD price feeds onto the XRP Ledger and Ethereum networks. RLUSD is also traded on Archax, B2C2, Bitso, and Uphold and is scheduled to be listed on Flowdesk and Zero Hash, enhancing its adoption and flexibility in DeFi projects.

Future Prospects for RLUSD

RLUSD's stable growth attracts both financial users and investors. With more exchange listings and partnerships anticipated, RLUSD's application potential in payments and institutional transactions is on the rise, strengthening Ripple's role in blockchain solutions.

Ripple's RLUSD continues to grow and gain recognition in the digital asset world, expanding its use in financial operations with the support of strategic partnerships.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

MEXC Launches 'Trading Takes Two' Campaign to Showcase AI Capabilities

MEXC is launching a month-long campaign titled 'Trading Takes Two' to showcase how MEXC AI supports users in their trading journey.

user avatarTenzin Dorje

HTX Research Highlights Risks in Stock-Linked Memecoins

HTX Research's report highlights the risks of stock-linked memecoins, focusing on misleading high APY figures and the importance of understanding market conditions.

user avatarBayarjavkhlan Ganbaatar

HTX Research Unveils Insights on Stock-Linked Memecoins

HTX Research has released a report on stock-linked memecoins, analyzing their market structure and growth potential.

user avatarMohamed Farouk

BAI Builds Closed-Loop Infrastructure for the Agent Economy

BAI is building a closed financial loop for the agent economy, integrating models and agents to facilitate seamless transactions.

user avatarDiego Alvarez

BAI Sets New Industry Record with 151 Trillion Tokens Daily Throughput

BAI has set a new industry record with a daily throughput of over 151 trillion tokens, marking a significant increase since its launch.

user avatarElias Mukuru

Justin Sun Prize Launched to Transform Scientific Research

The Justin Sun Prize has been established to redefine scientific rewards in the AI era, offering up to $1 million for breakthroughs in fundamental disciplines and machine formal verification.

user avatarKenji Takahashi

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.