Ripple has reached an important milestone with the largest crypto exchange in the world. Its own stablecoin, RLUSD, is listed on Binance. It is a strategic step that makes the digital currency immediately available to a global audience.
Binance lists Ripple’s RLUSD stablecoin
Binance will list Ripple’s dollar-based stablecoin RLUSD starting Thursday. The platform announced this via an official blog post.
The listing initially only applies to the RLUSD tokens that run on the Ethereum (ETH) network. Support for the XRP Ledger (XRPL) is expected to follow later. Starting January 22 at 9:00 AM ET, users will be able to trade the pairs RLUSD/USDT and XRP/RLUSD.
The listing is accompanied by a temporary ‘Zero Fee’ promotion. During this promotion, users will not pay any trading fees on the mentioned RLUSD pairs. Binance wants to stimulate the use of the new stablecoin.
The addition to Binance is an important step for Ripple. This gives RLUSD access to a much larger audience and broader liquidity. Currently, RLUSD is the eighth largest stablecoin, with a market capitalization of $1.3 billion.
There is still a lot of ground to gain for RLUSD. By comparison, Tether’s USDT and Circle’s USDC have market capitalizations of $186 billion and $75 billion, respectively. Together they account for 82.5 percent of the total stablecoin market.
Ripple is responding to the explosive growth of stablecoins
Ripple launched RLUSD in December 2024. The company wants to respond to the global rise of stablecoins, which are increasingly used as digital payment methods.
Global payment flows in stablecoins could reach as much as $56 trillion by 2030, according to a new analysis from Bloomberg Intelligence. That implies an average annual growth of 80 percent, mainly driven by institutional adoption and use in countries with high inflation or financial instability.
Governments and large companies are now playing an increasingly important role. Regulations surrounding stablecoins are being tightened worldwide. For example, in the United States we saw the introduction of the GENIUS Act, which provides clarity about the issuance of stablecoins.
At the same time, payment giants such as Western Union and MoneyGram are working on solutions based on stablecoins. And large companies such as Walmart and Amazon are also investigating their own stablecoin.
Ripple wants to reform financial sector
In addition to its stablecoin, Ripple does much more. The company wants to renew the traditional financial sector, including by making international payments faster and cheaper.
In addition, Ripple is building an all-in-one platform for financial institutions. This includes custodial services and also reserve management. In 2025 it acquired several companies, including Hidden Road, GTreasury and Rail. Ripple is thus expanding its offering from payments to a complete ecosystem for digital finance.
Source: https://newsbit.nl/grote-stap-voor-ripples-rlusd-binance-list-snelgroeiende-stablecoin/
