Gemini Lists Ripple’s RLUSD Stablecoin for Trading Surge
By: bitcoin ethereum news|2025/05/07 13:00:02
0
Share
Gemini lists RLUSD, enabling trading, deposits, and withdrawals. RLUSD’s market cap hits $317M, up 338.6% since 2025. Trading volume surges 63.7% to over $52M post-listing. Gemini, a cryptocurrency exchange, now lets users trade Ripple’s stablecoin RLUSD. The RLUSD was made available for trade deposits and withdrawals on May 6, 2025. In December 2024 Ripple introduced RLUSD as a stablecoin that maintains a 1:1 dollar correlation and stores collateral through dollars, short-term U.S. Treasuries, and cash equivalents. Users benefit from choosing between the XRP Ledger and Ethereum blockchains when they use RLUSD. According to CoinMarketCap data the digital currency has gained user trust and now holds a $317 million market value. The market shows strong interest through a 338.6% boost in adoption since 2025 came early. RLUSD’s Rapid Growth and Market Impact Within a very short period of time, RLUSD has shown significant progress. After Gemini’s listing RLUSD saw its trade volume spike 63.7 percent up to $52 million in one day. RLUSD sees increased trading activity thanks to its rising value as a preferred tool for traders. The stablecoin works better for enterprise clients because it adds fast and affordable payment options on Ripple’s cross-border platform. Ripple increasingly produced major blocks of RLUSD tokens to serve buyer needs. On April 25, 2025 Ripple Treasury released three mint batches totaling 38 million RLUSD with an 11.5 million batch followed by two batches of 11.5 million and 15 million tokens. The supply network for RLUSD reaches various liquidity pools and payment networks to help RLUSD expand its capacity. Users can perform a wide range of transactions using the stablecoin . People can utilize RLUSD as backing for their transactions while also trading with centralized banks. Mercy Corps Ventures and DIVA Donate collaborate with Ripple to make RLUSD work for real-life aid delivery to Kenya. These efforts showcase how RLUSD can simplify international financial processing. Strategic Listings Boost RLUSD’s Accessibility Along with Bitstamp and Kraken, Gemini joins the ranks of fifteen cryptocurrency exchanges that provide RLUSD trading services.By expanding its availability to more user bases across different regions RLUSD helps payments between countries work better plus offers stablecoin storage for customers who want crypto-to-fiat exchange options. By choosing to partner with multiple exchanges Ripple intends to build RLUSD into a major stablecoin rivaling established coins Tether and USDC. By joining DeFi platforms like Aave V3 Ethereum Market RLUSD expands its market presence. Users on Aave can lend and borrow RLUSD tokens up to 5 million and provide a maximum of 50 million tokens into the network. Our April 2025 announcement shows RLUSD is expanding into DeFi platforms. RLUSD gains authority because Ripple maintains strong adherence to financial rules. RLUSD operates as a digital asset under New York State’s limited purpose trust company charter and follows strict DFS regulations. The stablecoin format of our product serves as a dependable platform for settlements in the real financial sector according to our Ripple team member. The markets support high trading activity with RLUSD since its volume represents 12.08% of its total value. The stablecoin market position for RLUSD shows better capital efficiency than USDC and PayPalUSD in the industry. The company continues to invest in public schools with $25 million of RLUSD to demonstrate how users can apply the coin in daily life. Source: https://www.livebitcoinnews.com/gemini-lists-ripples-rlusd-stablecoin-for-trading-surge/
You may also like

Pantera Capital Partner: The Financial Trajectory of AI Agents
AI agents will move towards fully autonomous commerce, and blockchain is the only digital-native financial track that meets its needs for identity, micropayments, and trustless execution.

In the next 5 years, Vitalik will scale Ethereum like this
Short-Term vs Long-Term, Execution, Data vs State

Sam Altman and the End of the World Capitalism
The real danger is never AI itself, but those who believe they have the right to define the human destiny.

Wall Street Rings Inflation Alarm Bells Amid Iran Tensions, What Does It Mean for Cryptocurrency?
Interest rates have remained stubbornly high, posing a challenge to the cryptocurrency bull case.

Qwen Open Source Model Enters Mobile, Nasdaq Tests Water Prediction Market, What's the Overseas Crypto Community Talking About Today?
What Was the Hottest Topic Among Expats in the Last 24 Hours?

MegaETH Co-founder: 48 Hours After Escaping Dubai, I Reassess the Entire Crypto Scene
The global environment is not favorable to us, but in the long run, it may be favorable to us.

Morning Report | Strategy increased its holdings by 3,015 bitcoins last week; BitMine increased its holdings by 50,928 ETH last week; Vitalik elaborated on the Ethereum execution layer roadmap
March 2 Market Key Events Overview

Why is it said that there are structural opportunities in encrypted AI?
When centralized AI falls into the dilemma of regulation and trust, Crypto + AI will become a structural escape route for safeguarding data and sovereignty in a multipolar world.

Make Probability an Asset: A Forward-Looking Perspective on Predictive Market Agents
The predictive market agents are expected to present early prototypes in early 2026, likely becoming an emerging product form in the field of agents in the following year.

Consumer application issues
The truly outstanding applications will not ask people to "use cryptocurrency," but will provide practical and better solutions to the problems that people already face.

Arthur Hayes: The flames of war in the Middle East rise, Bitcoin is bullish
War is often accompanied by monetary easing, which may also become an important backdrop for driving up risk assets like Bitcoin.

Legendary investor Naval: In the AI era, traditional software engineers have no value?
You can always find a perfect niche that fits you and become a leader in that field.

More absurd than knowing about the war in advance is knowing in advance about the assassination of Soleimani
The temptation of a million dollars cannot be stopped by the calamity of prison.

Key Market Insights on March 2nd, how much did you miss?
1. On-chain Funds: $96.8M Inflow to Base This Week; $234.9M Outflow from Arbitrum
2. Largest Price Swings: $SYND, $TCY
3. Top News: Anthropic Tops Global AI Product Ranking after Pentagon Rejection, Celebrities Boycott Its Competitor OpenAI

How to systematically track high-performing addresses on Polymarket?
Why can everyone see the data but not catch the "Whale Wallet"?

From Stanford Lab to Silicon Valley Streets: How OpenMind is Solving the "Last Mile" Problem of the Machine Economy?
The robotics industry is also facing issues similar to the "shanzhai era": fragmented systems, closed ecosystems, and lack of interoperability.

PlanX: Reconstructing On-Chain Execution with AI, Moving Towards a New Paradigm
Reconstructing on-chain execution with AI, moving towards a new paradigm of decentralized finance.

US Judge Allows Binance Unregistered Token Lawsuit to Advance
Key Takeaways: A federal judge in Manhattan dismissed Binance’s petition to resolve a securities lawsuit through private arbitration,…
Pantera Capital Partner: The Financial Trajectory of AI Agents
AI agents will move towards fully autonomous commerce, and blockchain is the only digital-native financial track that meets its needs for identity, micropayments, and trustless execution.
In the next 5 years, Vitalik will scale Ethereum like this
Short-Term vs Long-Term, Execution, Data vs State
Sam Altman and the End of the World Capitalism
The real danger is never AI itself, but those who believe they have the right to define the human destiny.
Wall Street Rings Inflation Alarm Bells Amid Iran Tensions, What Does It Mean for Cryptocurrency?
Interest rates have remained stubbornly high, posing a challenge to the cryptocurrency bull case.
Qwen Open Source Model Enters Mobile, Nasdaq Tests Water Prediction Market, What's the Overseas Crypto Community Talking About Today?
What Was the Hottest Topic Among Expats in the Last 24 Hours?
MegaETH Co-founder: 48 Hours After Escaping Dubai, I Reassess the Entire Crypto Scene
The global environment is not favorable to us, but in the long run, it may be favorable to us.