The post Binance Will List Ripple’s RLUSD Stablecoin, XRPL Support Coming appeared first on Coinpedia Fintech News
Ripple RLUSD, a U.S. dollar-backed stablecoin, will be listed on the world’s largest crypto exchanges, Binance, for spot trading. However, trading pairs include RLUSD/USDT and XRP/RLUSD, giving traders flexible ways to move between stablecoins and Ripple’s native token.
This Binance listing comes along with a zero-trading-fee promotion for RLUSD, marking a major step forward for Ripple’s growing stablecoin project.
RLUSD Trading Going Live on Binance
According to the announcement, Binance will start RLUSD spot trading on January 22 at 8:00 a.m. UTC. At launch, RLUSD will be available on the Ethereum network, making it easy for existing Ethereum users to trade the token.
Meanwhile, withdrawals will open a day later, on January 23.
To mark the launch, Binance is offering zero trading fees for a limited time on the RLUSD/USDT and RLUSD/U pairs. This promotion is designed to attract early traders and encourage users to try the new stablecoin.
Ripple has also confirmed that XRP Ledger support is coming next. Once added, XRPL could offer faster and cheaper transfers, especially useful for payments and cross-border transactions.
Ripple Sees Listing as Major Win
Ripple CEO Brad Garlinghouse welcomed the Binance listing, calling it an extremely positive development for the Ripple ecosystem.
Being listed on Binance is a big moment for any digital asset. For RLUSD, it means higher visibility, deeper liquidity, and easier access for traders and institutions alike
The token is backed 1:1 by U.S. dollars, short-term Treasury bills, and cash equivalents. Since launch, RLUSD has already crossed a market value of $1.3 billion.
More Ways to Use RLUSD on Binance
Beyond spot trading, Binance plans to expand RLUSD’s use across its platform. The stablecoin will soon be eligible for portfolio margin trading, allowing it to be used in more advanced trading strategies.
Binance also plans to include RLUSD in its Earn products, giving users more ways to earn returns on their holdings.
This multi-chain approach, with support for both Ethereum and the XRP Ledger, makes RLUSD more flexible for users and institutions operating across different networks.
As the stablecoin market continues to grow, users are looking for options that are simple, transparent, and built for real payments.
Source: https://coinpedia.org/news/binance-will-list-ripples-rlusd-stablecoin-xrpl-support-coming/
