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 passed off 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 accordance with CoinMarketCap, RLUSD, which was launched in December 2024, presently boasts a market capitalization measurement of $369.68 million and sits in 205th place, based on CoinMarketCap.
The full provide of the stablecoin, based on the identical supply, stands at 369.74 million RLUSD.
This whole provide of the stablecoin up to now 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 virtually 4,000,000 stablecoins. As for the final time Ripple minted any new RLUSD, it occurred on April 25, when 38,000,000 RLUSD had been issued and 15,000,000 RLUSD had been burned by the identical entity.
