- Bitget lists RLUSD, Ripple’s USD-backed stablecoin, on Ethereum and XRP Ledger.
- RLUSD is regulated by NYDFS and backed by fiat and cash equivalents.
- Bitget expands institutional access with over 900 trading pairs, boosting compliant asset offerings.
Bitget has formally added Ripple USD (RLUSD) to its spot trading platform. The initiative seeks to improve regulated stablecoin accessibility on the Ethereum and XRP Ledger networks. The listing is part of Bitget’s wider strategy to promote digital assets that ensure compliance, transparency, and reliability for institutional investors.
Bitget Enhances Stablecoin Network Through RLUSD Integration
RLUSD, released by Ripple, is a stablecoin backed by USD, pegged at a 1:1 ratio with the US dollar. RLUSD utilizes both XRP Ledger and Ethereum to combine the benefits each blockchain offers. The stablecoin operates through reserves made up of fiat money and cash equivalents that are kept independently. This support intends to guarantee confidence and stability for users working in regulated settings.
Bitget’s choice to incorporate RLUSD is in line with its long-term strategy aimed at developing infrastructure suitable for institutions. The platform expands its services to meet the demand for dependable digital assets that have clear regulatory definitions. The New York Department of Financial Services (NYDFS) regulates the issuing entity of RLUSD which makes it one of the few stablecoins operating under a comprehensive legal framework.
The move demonstrates how compliant stablecoins are becoming more critical across decentralized finance platforms and business blockchain applications alongside tokenized assets. Bitget is focusing on high-utility digital assets that back real-world uses while ensuring strict compliance with regulations.
RLUSD Adds Value for Institutional Users Seeking Compliance and Utility
Bitget continues to focus on assets that meet the expectations of institutional traders and developers. RLUSD enhances reliability and helps resolve transparency and compliance issues. The availability of RLUSD on both Ethereum and the XRP Ledger allows for wider use cases and facilitates effortless integration into multiple financial platforms.
Bitget CEO Gracy Chen described the RLUSD listing as an essential strategic progression. The partnership with Ripple strengthens Bitget’s position in the regulated asset space. The listing aims to offer institutions a secure and trustworthy environment to engage in digital asset trading.
Bitget has expanded its spot trading market significantly, now offering more than 900 crypto pairs. The addition of RLUSD enables Bitget to reach more users and provide access to better-quality assets. The platform is planning future development to fulfill the changing needs of institutional and retail traders.
Bitget Aligns 2025 Strategy With Regulated Asset Growth
As part of its 2025 roadmap, Bitget is increasing support for assets that enable compliant blockchain adoption. The integration of RLUSD reflects that vision. It strengthens Bitget’s offering in regulated markets and enhances the platform’s credibility among global users.
The RLUSD listing further emphasizes the shift towards enterprise-focused blockchain assets. It positions Bitget as a key venue for stablecoin adoption, especially those targeting secure and regulated environments.
