- Ripple’s stablecoin RLUSD has been listed on Gemini, marking its 15th exchange listing and boosting its trading volume by 28%.
- The move strengthens RLUSD’s market presence as it expands across multiple blockchains and into enterprise and charitable use.
Ripple’s stablecoin, RLUSD, continues to gain momentum in the crypto space, with its latest milestone being a listing on the prominent U.S.-based exchange, Gemini. Less than six months since its debut, RLUSD is now available for trading, deposits, and withdrawals on the platform, marking a significant step toward broader market adoption.
Gemini made the announcement on May 5, but not before stirring intrigue among the crypto community. Hours before confirming the listing, the exchange dropped a cryptic teaser on X (formerly Twitter): “futures are brighteR when we buiLd Up Systems that upGrade finance.” Observers quickly noticed that the capitalized letters spelled out “RLUSD,” sparking speculation that was later confirmed with the official listing.
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Since the announcement, RLUSD has experienced a 28% surge in trading volume, reaching $49.28 million in the past 24 hours. Its market cap remains steady at $316.9 million—a notable figure for a stablecoin that’s still in its early stages.
With Gemini now onboard, RLUSD is supported by 15 exchanges globally, including Bitstamp, Independent Reserve, Uphold, and Moonpay. Beyond exchange adoption, the stablecoin has expanded to multiple blockchain ecosystems. In addition to the XRP Ledger and Ethereum, it’s now also live on The Root Network, a blockchain focused on the futureverse metaverse economy.
Ripple isn’t just targeting retail and exchange-based adoption. The firm recently integrated RLUSD into its enterprise-grade Ripple Payments solution, enabling institutions to streamline cross-border transactions using a stable and regulatory-friendly digital dollar.
The token also stepped into the philanthropic spotlight on May 5, when Ripple donated $25 million worth of RLUSD to U.S. public education. The donation, made through DonorsChoose and Teach For America, aims to enhance classroom experiences in underserved communities.
With a fast-growing presence across platforms, enterprise use cases, and even charitable initiatives, RLUSD appears to be more than just another stablecoin—it’s a cornerstone in Ripple’s evolving financial ecosystem.