Ripple USD Accelerates: 0 Fees, 140+ Onramps, 15K RLUSD Reward Storm

CN
1 day ago

Ripple Labs’ RLUSD stablecoin is gaining widespread traction, with its footprint now extended across a growing list of trading platforms and financial service providers. Initially launched to facilitate digital payments backed by real-world currency, RLUSD has quickly become accessible on numerous exchanges and service platforms. The asset is issued by Standard Custody & Trust Company, a Ripple subsidiary, and backed 1:1 with U.S. dollars and equivalents. Ripple’s focus on regulatory alignment and trusted infrastructure has accelerated RLUSD’s adoption across diverse markets and use cases.

On May 29, Bitget announced it had listed RLUSD in its Innovation and Web3 Zone, allowing trading in the RLUSD/ USDT and RLUSD/USDC pairs. Deposits have been opened, and trading went live at 10:00 UTC, with withdrawals scheduled to begin on May 30. Bitget has launched a seven-day zero-fee campaign for RLUSD purchases in over 140 fiat currencies to ease global user access. The exchange detailed that during the campaign:

Buy RLUSD with your credit/debit cards at 0% fee with 140+ currencies, EUR, GBP, AUD, TWD, UZS, UAH, TRY, THB, BRL, PLN, IDR, PHP and CAD etc.

Earlier, Bitmex introduced RLUSD to its spot market on May 20 and enabled its use as a margin asset on May 22. Support for XRP as a margin currency was added on May 27. The exchange celebrated the listing with “The Ripple Effect” campaign, distributing 15,000 RLUSD in rewards to participants who deposited, traded, or held the token. The campaign runs through June 30.

Beyond Bitget and Bitmex, RLUSD is also available on an expanding network of industry platforms. These include Archax, B2C2, Banxa, Bitso, Bitstamp, Bullish, Coinmena, Flowdesk, Gemini, Independent Reserve, JST Digital, Keyrock, Kraken, Mercado Bitcoin (MB), LMAX Digital, Moonpay, Revolut, Uphold, and Zero Hash.

In addition, Euler Labs added RLUSD support, offering options to borrow, lend, or use the token as collateral, with added incentives for participation. Ripple emphasized RLUSD’s intended role in enterprise payments and institutional finance: a stable, reliable bridge between traditional and digital financial systems, designed to offer accessibility, trust, and operational efficiency.

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