The cryptocurrency exchange Gemini has announced the inclusion of the Ripple
$
2-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.
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.