Gate|Jun 15, 2026 03:00
Gate officially launches RLUSD: synchronously opens four major trading pairs and launches a series of incentive plans
Gate announced that it will launch RLUSD (Ripple USD) on June 15th at 17:00 (UTC+8). This stablecoin is a US dollar anchored stablecoin launched by Ripple and will simultaneously open trading pairs such as BTC/RLUSD, ETH/RLUSD, XRP/RLUSD, and RLUSD/USDT. With the launch of this asset, users can use RLUSD in spot trading scenarios to directly exchange with mainstream encrypted assets, further expanding the application scope of stablecoins in the trading process.
RLUSD is a regulated enterprise level stablecoin designed with trust, liquidity, and compliance as its core principles. It is issued by Standard Custody&Trust Company, LLC, a wholly-owned subsidiary of Ripple Labs. RLUSD is fully supported by US dollar deposits, short-term US treasury bond bonds and other cash equivalents at a ratio of 1:1, and disclosed through monthly audit to enhance transparency and compliance. RLUSD is designed specifically for payment scenarios, aiming to meet the growing demand of users, developers, and institutions for stablecoins that are transparent, interoperable, and have real-world application capabilities. Since its launch in December 2024, its market value has exceeded $1.6 billion, demonstrating rapid popularity in areas such as payments, cross-border remittances, and institutional DeFi. A key feature of RLUSD design is its multi chain architecture. It is deployed natively on both the XRP Ledger and Ethereum networks, allowing users to benefit from both ecosystems: fast and low-cost transactions on XRPL, and the composability of smart contracts on Ethereum. This multi chain strategy ensures that RLUSD remains available in any environment chosen by developers and users, supporting large-scale real payments, on chain liquidity, and cross network interoperability. By combining with mainstream asset trading pairs, RLUSD is expected to play a positive role in terms of trading depth and capital turnover efficiency.
To coincide with this launch, Gate has simultaneously launched a market incentive plan with a total scale of 750000 RLUSD, covering multiple dimensions such as trading, liquidity, and user participation. The core arrangements include CandyDrop incentive mechanism for ordinary users, VIP exclusive airdrops for high net worth users, as well as measures such as reducing withdrawal fees and promoting KOLs. The overall incentive revolves around the trading of mainstream assets such as BTC, ETH, XRP, and RLUSD to guide real trading demand and enhance market activity.
In terms of mechanism design, the platform did not include transactions between stablecoins as the main incentive scope to reduce the interference of non real trading behavior on market data. At the same time, through phased tasks and hierarchical incentive structures, we balance the introduction of new users with the increase of existing user activity. In addition, the reduction of withdrawal fees will be temporarily opened to promote asset deposit and withdrawal and on chain circulation, thereby improving the efficiency of fund flow between different transactions and links.
In addition, the RLUSD withdrawal function is expected to be officially launched on June 16, 2026 at 17:00 (UTC+8) (actual time subject to asset page status), and the RLUSD withdrawal fee free activity will be launched simultaneously. During the event, users can enjoy the benefit of free handling fees for a single withdrawal of 20 RLUSD or more.
Gate continues to strengthen its support capabilities for stablecoins and multi chain assets, by introducing new types of stablecoins and supporting systematic incentive mechanisms to enhance the depth and efficiency of the trading market. The launch of RLUSD and the concentrated release of incentive resources further reflect Gate's layout strategy in the stablecoin market, as well as its long-term direction of continuously optimizing the trading ecosystem and user experience by integrating high-quality assets and liquidity tools. In the future, Gate will continue to expand high-quality asset and ecological cooperation, strengthen the linkage ability between transactions and on chain scenarios, and promote the continuous evolution of digital asset market infrastructure.
RLUSD contract address:
ERC20: https://(etherscan.io)/token/0x8292bb45bf1ee4d140127049757c2e0ff06317ed
XRP: https://(xrpscan.com)/token/524C555344000000000000000000000000000000.rMxCKbEDwqr76QuheSUMdEGf4B9xJ8m5De
Related trading markets:
RLUSD/USDT: https://www. ((((gate.com))))/trade/RLUSD_USDT
BTC/RLUSD: https://www. ((((gate.com))))/trade/BTC_RLUSD
ETH/RLUSD: https://www. ((((gate.com))))/trade/ETH_RLUSD
XRP/RLUSD: https://www. ((((gate.com))))/trade/XRP_RLUSD
Disclaimers
This content does not constitute any invitation, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please note that Gate may restrict or prohibit all or part of its services from restricted areas. Please read the user agreement for more information.
Gate team
June 15th, 2026
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