Binance, one of the largest global crypto exchanges, will add Ripple USD ($RLUSD) to its platform, with trading expected to begin on January 22, according to a Wednesday announcement.
Launched in late 2024, $RLUSD is a US dollar–backed stablecoin issued by a wholly owned subsidiary of Ripple Labs. Its market capitalization has since surpassed $1.4 billion, per CoinGecko.
Binance will launch three spot pairs, including $RLUSD/$USDT, $RLUSD/U, and $XRP/$RLUSD, while allowing users to deposit $RLUSD ahead of trading and withdraw funds starting January 23.
cryptobriefing.com