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

Bybit Confirms Support for Avalanche v1150 Upgrade

Bybit has confirmed support for the Avalanche v1150 upgrade, ensuring continued compatibility for AVAX users.

user avatarTomas Novak

Bybit Launches OURAUSDT Pre-IPO Perpetual Contract

Bybit has launched OURAUSDT, a pre-IPO perpetual contract, allowing leveraged trading on Oura's implied valuation before its public listing.

user avatarKaterina Papadopoulou

Binance Expands Use of Tokenized Stocks for Margin Utility

Binance has introduced a new feature allowing users to use eligible bStocks as collateral in its MultiAssets Mode.

user avatarMaya Lundqvist

Binance Introduces 24/7 Foreign Exchange Perpetual Contracts

Binance has launched a new trading model for 24/7 trading of foreign exchange perpetual contracts, starting with a contract linked to the US dollar and Brazilian real.

user avatarLeo van der Veen

Ondo Finance Streamlines Institutional Stock Tokenization

Ondo Finance has introduced a new integration that simplifies the process of institutional stock tokenization by allowing direct contribution of existing equity inventory.

user avatarLi Weicheng

Investigation into Zondacrypto Founder’s Disappearance Intensifies

The investigation into the disappearance of Zondacrypto founder Sylwester Suszek has intensified as Polish police search a fuel depot linked to his last known whereabouts.

user avatarTenzin Dorje

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.