Bitget Lists RLUSD: Ripple’s USD Stablecoin Enters $1.3T Crypto Market

Bitget, a top tier cryptocurrency exchange and Web3 powerhouse, has listed Ripple USD (RLUSD) on its spot trading platform, solidifying its position in the stablecoin landscape. RLUSD is a USD-pegged stablecoin issued by Ripple, a leading player in enterprise blockchain innovation. This is strategic—coming at a time when institutional demand for transparent and compliant digital assets is growing.

RLUSD is unique in being issued on both the XRP Ledger and Ethereum, combining the speed of XRPL with Ethereum’s smart contract capabilities. Fully backed 1:1 by USD fiat and cash equivalents, RLUSD is designed for high-trust environments. Issued by a NYDFS-chartered limited purpose trust company, it has regulatory clarity most stablecoins lack.

According to Bitget’s CEO Gracy Chen, this listing supports their 2025 roadmap to expand offerings for institutional traders. The stablecoin’s structure aligns with Bitget’s goal to promote secure and compliant assets that drive real-world blockchain adoption.

Why RLUSD Matters for Crypto Growth

Ripple USD is more than another stablecoin—it’s a regulated asset built for enterprise use. The New York Department of Financial Services (NYDFS) oversight puts RLUSD in rare regulatory territory, giving institutions more confidence to trade and deploy it in blockchain applications.

Key features of RLUSD:

• Regulatory Compliance: Issued by a NYDFS-chartered trust company

• Multi-chain Issuance: Native on XRPL and Ethereum

• Backed 1:1: Supported by segregated reserves in USD fiat and equivalents

• Utility Focused: Designed for DeFi, gaming, tokenization and enterprise apps

As institutional and developer demand for reliable digital currencies grows, RLUSD’s listing on Bitget bridges a critical gap—providing on-ramps for traditional finance to interact with decentralized systems.

Bitget’s Strategy and Market Impact

Bitget’s listing of RLUSD is part of a broader strategy to position itself as a gateway for advanced blockchain projects. With over 900 crypto trading pairs and access to ecosystems like Bitcoin, Ethereum, Solana, Base, and TON, Bitget offers users a diverse crypto experience.

The listing also highlights the importance of stablecoins in the $1.3 trillion crypto market. These digital assets are now at the center of liquidity provision, cross-border payments and Web3 infrastructure.Bitget was founded in 2018 and has over 100 million users in 150+ countries, with partnerships in global sports and crypto projects. RLUSD listing is part of its regulated innovation journey.