
Ripple RLUSD lists on Upbit exchange
- Ripple USD (CRYPTO:RLUSD) is now listed on Upbit, South Korea's largest crypto exchange.
- The listing gives RLUSD access to one of the world's most active crypto markets.
- The move expands RLUSD's availability as Ripple grows its stablecoin business.
Ripple USD (CRYPTO:RLUSD) is now available for trading on Upbit, a cryptocurrency exchange based in South Korea.
The listing allows Upbit users to buy, sell and trade RLUSD, expanding the stablecoin's reach in Asia.
RLUSD is Ripple's U.S. dollar-backed stablecoin. It is designed for payments, trading and cross-border transfers.
The Upbit listing gives RLUSD access to one of the world's busiest digital asset markets.
Ripple has continued expanding RLUSD since launching the stablecoin earlier this year through new exchange listings and partnerships.
The company says RLUSD is backed by U.S. dollar reserves and other cash-equivalent assets.
The latest listing strengthens Ripple's efforts to grow RLUSD as competition in the stablecoin market continues to increase.