Ripple Expands Access to RLUSD on 4 Largest South Korean Exchanges
Ripple's stablecoin RLUSD has expanded its presence by securing listings on the four largest cryptocurrency exchanges in South Korea. Upbit and Bithumb recently completed the expansion, joining Coinone and Korbit, which had listed the stablecoin earlier. This provides RLUSD with the broadest access to one of the world's most active digital asset markets, allowing traders to access it directly against the Korean Won (KRW), Bitcoin (BTC), and Tether (USDT). Ripple's senior vice president for stablecoins highlighted the move, noting it offers regulated, fully-reserved access for institutional and retail investors. Beyond exchange listings, Ripple is promoting RLUSD for use in payments and institutional settlements. The stablecoin is backed by a reserve of cash deposits, U.S. Treasury securities, and other cash equivalents, with monthly attestations. RLUSD is available on multiple blockchains, including the XRP Ledger, Ethereum, and several EVM-compatible networks.
cryptonews.ru33 хв тому