Ripple’s RLUSD Stablecoin Lands on Bitget’s Web3 Zone – Here’s Why You Should Care!

by

In an absolutely shocking move that no one could have predicted (except, well, anyone who’s been paying attention), crypto exchange Bitget has decided to list Ripple USD (RLUSD), the new stablecoin from Ripple Labs. This token, which is backed 1:1 by U.S. dollars, is now live and available for trading in Bitget’s oh-so-innovative “Innovation and Web3 Zone.” Whatever that means. 🚀

Trading began at a perfectly reasonable 10:00 AM UTC with the two exciting spot pairs: RLUSD/USDT and RLUSD/USDC. The exchange kindly opened up deposits early, and if you’re holding your breath for withdrawals, you’ll have to wait until May 30 at 11:00 AM UTC. 🕰️

New Listing – $RLUSD @Ripple

🔹Pairs: RLUSD/USDT; RLUSD/USDC
🔹Deposit available: now
🔹Trading available: May 29, 10:00 AM (UTC)

Details:

— Bitget (@bitgetglobal) May 29, 2025

So, what exactly is RLUSD? Well, it’s issued by Standard Custody & Trust Company, LLC (which, surprise, is owned by Ripple Labs). It’s a stablecoin, because that’s a thing now, and it’s designed for cross-border payments—basically the thing Ripple’s been banging on about for years. Think of it like the new kid on the block, except the new kid is also a regulatory dreamboat, backed 1:1 by U.S. dollars and cash equivalents. 💵

The token is currently available on both Ethereum (ERC-20) and the XRP Ledger, which is just a little bit of overachieving, don’t you think? ⚡

  • ERC-20 contract address: 0x8292bb45bf1ee4d140127049757c2e0ff06317ed
  • XRP Ledger address: rMxCKbEDwqr76QuheSUMdEGf4B9xJ8m5De

Bitget’s Innovation and Web3 Zone, which sounds like the kind of place where crypto dreams go to hatch, is all about tokens with “new use cases” or those that are simply too cool for regular markets. And RLUSD just fits right in—because nothing says “trustworthy” quite like a regulated stablecoin from Ripple. 🎉

And while Ripple is best known for XRP and its enterprise payment systems, it’s now hoping RLUSD can become the compliant alternative to the other stablecoins cluttering up the crypto scene. According to Ripple, the token was designed around “trust, liquidity, and regulatory standards,” which is code for “We really want the regulators to like us.” 🙌

But don’t panic, you can still trade RLUSD directly on Bitget’s spot market. Just remember, withdrawals won’t be available until tomorrow. So, get your wallets ready—or not, if you’re not into that whole “stability” thing. 😏

Read More

2025-05-29 09:09