u.today
Major crypto trading platform Bitget, headquartered in Hong Kong, has announced that it has rolled out new pairs with the Ripple USD ($RLUSD) stablecoin after adding support for this recently launched Ripple product approximately a week ago.
As reported by U.Today, the initial listing of the new dollar-pegged stablecoin took place on May 29. On that day, the platform launched the following trading pairs based on Ripple’s new product: $RLUSD/USDT and $RLUSD/USDC — Ripple’s stablecoin versus those minted by Tether and Circle.
Now, Bitget has announced that new pairs have gone live for traders: $BTC/$RLUSD, $ETH/$RLUSD and $XRP/$RLUSD.
#Bitget has listed new $RLUSD trading pairs. @Ripple
— Bitget (@bitgetglobal) June 5, 2025
🆕 $BTC/$RLUSD
🆕 $ETH/$RLUSD
🆕 $XRP/$RLUSD
🚀 Trading is live — explore the pairs now!
Details: https://t.co/uhiVtFibhk pic.twitter.com/AOApxSgyAS
According to CoinMarketCap, $RLUSD, which was launched in December 2024, currently boasts a market capitalization size of $369.68 million and sits in 205th place, according to CoinMarketCap.
The total supply of the stablecoin, according to the same source, stands at 369.74 million $RLUSD.
This total supply of the stablecoin so far seems to satisfy its users’ needs since Ripple Labs has not performed any $RLUSD-related activity since May 14. On that day, Ripple Treasury burned almost 4,000,000 stablecoins. As for the last time Ripple minted any new $RLUSD, it happened on April 25, when 38,000,000 $RLUSD were issued and 15,000,000 $RLUSD were burned by the same entity.