Ripple announces exchange partners for RLUSD stablecoin
2024-10-15

Ripple has announced the exchange partners for its upcoming dollar-denominated stablecoin Ripple USD (RLUSD).
The crypto infrastructure provider has partnered with cryptocurrency exchanges and platforms including Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA and Bullish to facilitate the distribution of the stablecoin.
Ripple’s new stablecoin aims to become the “gold standard for enterprise-grade stablecoins,” according to Ripple CEO Brad Garlinghouse, who wrote in an Oct. 15 announcement:
Ripple’s payment solution will leverage RLUSD and the XRP XRPUSD token to facilitate faster and more cost-effective cross-border payments, added Garlinghouse.
Stablecoins are the main on-ramp between the traditional and crypto economies. The issuance of more regulatory-compliant stablecoins could increase crypto adoption, by making stablecoins more accessible worldwide.
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