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Binance announced it will list Ripple’s RLUSD stablecoin for spot trading starting 22 January.
The initial launch supports the Ethereum network, with XRP Ledger integration planned for a later phase.
“Binance will list Ripple USD (RLUSD) and open trading for the following spot trading pairs,”
Binance said.
Binance said it will introduce zero-fee trading for RLUSD pairs to mark the launch.
Trading pairs include XRP/RLUSD and RLUSD/USDT, with deposits opened ahead of trading.
Withdrawals for RLUSD are scheduled to open on 23 January.
Ripple said the multichain rollout is designed to improve accessibility across payment and liquidity networks.
“This multichain listing ensures greater accessibility for users and institutions,”
Ripple said.
Ripple said RLUSD will support real-world payments, onchain liquidity, and cross-network interoperability.
The stablecoin is backed one-to-one by US dollar deposits, Treasuries, and cash equivalents.
Ripple said RLUSD issuance operates under New York regulatory approval frameworks.
At the time of reporting, XRP price was $1.96.