Main crypto buying and selling platform Bitget, headquartered in Hong Kong, has introduced that it has rolled out new pairs with the Ripple USD (RLUSD) stablecoin after including assist for this lately launched Ripple product roughly per week in the past.
As reported by U.Right this moment, the preliminary itemizing of the brand new dollar-pegged stablecoin occurred on Might 29. On that day, the platform launched the next buying and selling pairs primarily based on Ripple’s new product: RLUSD/USDT and RLUSD/USDC — Ripple’s stablecoin versus these minted by Tether and Circle.
Now, Bitget has introduced that new pairs have gone reside for merchants: BTC/RLUSD, ETH/RLUSD and XRP/RLUSD.
#Bitget has listed new $RLUSD buying and selling pairs. @Ripple
🆕 BTC/RLUSD
🆕 ETH/RLUSD
🆕 XRP/RLUSD🚀 Buying and selling is reside — discover the pairs now!
Particulars: https://t.co/uhiVtFibhk pic.twitter.com/AOApxSgyAS
— Bitget (@bitgetglobal) June 5, 2025
In response to CoinMarketCap, RLUSD, which was launched in December 2024, presently boasts a market capitalization measurement of $369.68 million and sits in 205th place, in response to CoinMarketCap.
The entire provide of the stablecoin, in response to the identical supply, stands at 369.74 million RLUSD.
This complete provide of the stablecoin to date appears to fulfill its customers’ wants since Ripple Labs has not carried out any RLUSD-related exercise since Might 14. On that day, Ripple Treasury burned nearly 4,000,000 stablecoins. As for the final time Ripple minted any new RLUSD, it occurred on April 25, when 38,000,000 RLUSD have been issued and 15,000,000 RLUSD have been burned by the identical entity.
