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Reading: Gemini Embraces RLUSD with Ripple’s Support
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COINTURK NEWS > Ripple (XRP) > Gemini Embraces RLUSD with Ripple’s Support
Ripple (XRP)

Gemini Embraces RLUSD with Ripple’s Support

In Brief

  • Gemini has incorporated the Ripple-backed RLUSD stablecoin on its platform.

  • RLUSD trading, deposit, and withdrawal are now active on Gemini.

  • The listing highlights the growing global interest in RLUSD.

İlayda Peker
İlayda Peker 1 year ago
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The cryptocurrency exchange Gemini has announced the inclusion of the Ripple $1-assisted stablecoin RLUSD on its platform. According to the announcement, users can now perform deposit and withdrawal transactions for RLUSD. This development is a significant step for XRP Coin, considering that the launch occurred just months ago. In the long run, RLUSD will also be supportive of XRP Coin.

Contents
Gemini RLUSD ListingMysterious Listing Signal

Gemini RLUSD Listing

Gemini’s latest announcement states that RLUSD is now open for trading, and deposit and withdrawal transactions have been activated. The announcement indicates that the necessary regulation for users to transact has been completed. This step is a critical milestone in the adoption of RLUSD.

Mysterious Listing Signal

Previously shared posts contained an encoded message that referenced what RLUSD promises as a concept. The message, “futures are brighteR when we buiLd Up System that upgraDe finance,” featured an acrostic formed by highlighted letters, drawing attention. Some users interpreted this as a deliberate move by Ripple to emphasize the presence of RLUSD.

The addition of RLUSD to this platform is viewed as a sign of the asset’s growing global interest. With this listing, the number of exchanges supporting RLUSD has reached 15. Developments have strengthened expectations that similar applications may increase in the market.

The implementation of RLUSD by Gemini sparks interest in alternative money transfer and payment methods in the digital asset market. This listing can enhance transaction ease and inter-platform integration opportunities for users.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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İlayda Peker 6 May, 2025 - 1:01 am 6 May, 2025 - 1:01 am
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İlayda Peker
By İlayda Peker
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The author, who holds a degree in International Relations and Political Science, has 10 years of experience as a writer and editor in the fields of cryptocurrency, blockchain technologies, and digital asset markets.While at COINTURK, he has published over 8,500 news articles, analyses, essays, and reports on Bitcoin, altcoins, cryptocurrency markets, the blockchain ecosystem, digital asset regulations, and global financial developments. Closely following market movements and industry developments, the author addresses the complex world of cryptocurrency in a clear and reader-friendly manner.An avid reader, the author also evaluates the impact of international developments on financial markets and the digital asset ecosystem.
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