Key takeaways
- Gate added RLUSD trading pairs with XRP, BTC, ETH and USDT.
- Ripple said the XRP/RLUSD market unlocks interoperability and capital efficiency for digital asset markets.
- Withdrawals and incentives can shape initial demand as Gate promotes RLUSD trading activity.
RLUSD markets open with XRP, BTC, ETHAnd USDT Pairs
Gate listed the RLUSD on June 15, opening BTC/RLUSD, ETH/RLUSD, XRP/RLUSD and RLUSD/ USDT spot trading. The launch gives users direct access to Ripple’s cryptocurrencies, backed by the US dollar. stable coin against bitcoinether, XRPAnd USDT.
The market access prompted a separate statement from Ripple, the company behind RLUSD and a major developer in the sector. XRP Ledger ecosystem. The company has linked the XRP/RLUSD for wider use of stable coin liquidity through trading and settlement.
Ripple wrote:
” XRPSpot /RLUSD trading pairs are available today, paving the way for true interoperability and capital efficiency for digital asset markets around the world.
The asset is issued by Standard Custody & Trust Company, LLC, a wholly owned subsidiary of Ripple Labs. RLUSD is backed 1:1 by U.S. dollar deposits, short-term U.S. Treasury bills, and other cash equivalents, with monthly attestations.
Incentives and withdrawal plans Add Liquidity Around the launch of RLUSD
A 750,000 RLUSD incentive program covers trading, liquidityand user participation. Campaign includes CandyDrop, VIP rewards airdropstiered discounts on withdrawal fees and KOL promotion campaigns.
Gate wrote:
“The overall incentive structure is focused on trading RLUSD against major assets, including BTC, ETHAnd XRPaimed at encouraging genuine commercial demand and strengthening market activity.
Stablecoin-to-stablecoin exchanges are outside the primary scope of incentives to reduce inorganic market activity. RLUSD withdrawals are scheduled to open on June 16, 2026, subject to Gate’s assets page, with zero fees on a withdrawal of 20 RLUSD or more during the promotion.
Since its launch in December 2024, the market capitalization of RLUSD has exceeded $1.6 billion, with use in payments, remittances, and institutional DeFi. The asset launched natively on XRP Ledger and Ethereum, while subsequent integrations, including Wormhole’s Native Token Transfers framework, have expanded its multi-chain reach.
The rollout of RLUSD has also expanded beyond Gate. Recent sources cite broader access to exchanges, Mastercard’s Pay for Machines agent work, Ripple Treasury with GTreasury, Wormhole’s native token transfer framework, and Ripple’s Federal Reserve comment letter on access to payment accounts for stablecoin issuers.
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