- RLUSD listed on Bybit with USDT, BTC, ETH, XRP, and MNT trading pairs.
- Ripple USD stablecoin live on ETH and XRPL, redeemable 1:1 against USD.
- XRP open interest surged past $1 billion as RLUSD debuted on Bybit.
Ripple USD-backed stablecoin RLUSD is now live on Bybit, expanding Ripple’s stablecoin presence with USDT, BTC, ETH, XRP, and MNT trading pairs. The listing increases liquidity, opens cross-chain support on Ethereum (ETH) and the XRP Ledger (XRPL), and builds momentum for wider adoption.
Bybit Adds RLUSD Trading Pairs
Bybit confirmed that Ripple USD (RLUSD) is now available for deposits, withdrawals, and spot trading. The rollout includes RLUSD/USDT, RLUSD/BTC, RLUSD/ETH, RLUSD/XRP, and RLUSD/MNT trading pairs, giving traders flexibility to swap RLUSD against both major and emerging tokens.
The launch improves RLUSD’s liquidity profile and positions Bybit as a key exchange for stablecoin activity.
Related: Ripple–Securitize Tie-Up Brings RLUSD Into Real-World Asset Funds
Ripple USD Stablecoin Features
Ripple has positioned RLUSD as a USD-backed stablecoin, redeemable 1:1, with reserves managed to meet regulatory standards. Bybit’s support on both ETH and XRPL networks allows users to move seamlessly between blockchains, reducing friction for traders and institutions alike.
RLUSD Exchange Listings Keep Rising
RLUSD getting listed on Bybit goes on to show how much Ripple’s US dollar-backed stablecoin is being adopted across exchanges. Gemini officially listed RLUSD for trading on May 6, 2025, driving higher volumes. Margex went on to enable leveraged crypto trading with RLUSD as collateral. Now, Bybit’s listing expands RLUSD access further, raising speculation that Binance and Coinbase may follow suit.
Meanwhile, early market reactions show RLUSD is drawing speculative flows. XRP open interest surged past $1 billion as RLUSD debuted on Bybit. Traders view RLUSD as both a liquidity vehicle and a bridge to Ripple’s wider ecosystem.
Related: Ripple Pledges $25M in Stablecoin RLUSD for Loans and Job Programs
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Source: https://coinedition.com/rlusd-listed-on-bybit-xrp-open-interest-surges-to-1-billion/