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Key Insights
- Bitget listed Ripple USD (RLUSD), a stablecoin issued on Ethereum and XRP Ledger.
- Bitget lists RLUSD, marking the fourth CEX listing in 2025.
- BBP indicator at 0.0216 signals buyer strength; RLUSD listing draws focus to XRP Ledger.
Ripple USD (RLUSD) is now available on the Bitget platform. The move is part of Bitget crypto exchange plans to list additional well-regulated digital assets on its spot trading platform in 2025.
From May 29, 2025, at 10:00 UTC, spot trading on RLUSD went live. Withdrawals for RLUSD will be turned on the following day, May 30, 2025, at 11:00 UTC. Through this process, Bitget users will trade RLUSD alongside other top enterprise-wide stablecoins.
As more users in DeFi, tokenized finance, and enterprise payments choose stablecoins, RLUSD is built to satisfy the requirements of institutional users. Being tied 1:1 to the US dollar, the stablecoin can be used across different blockchains, including both the XRP Ledger (XRPL) and Ethereum.
Ripple RLUSD Stablecoin is Now Available on Bitget
According to the latest press release from Bitget, the platform has listed Ripple USD (RLUSD) on its Innovation and Web3 Zone. The announcement confirms that deposits are now open, with trading for the RLUSD/USDT pair set to go live on May 29, 2025. The listing allows users to buy and sell RLUSD, while withdrawals will commence on May 30.
This marks the fourth centralized exchange (CEX) listing for RLUSD in 2025. Other platforms that listed the stablecoin this year include Gemini, Uphold, and, most recently, Euler Finance. The listings underscore continued work to expand RLUSD utility in regulated exchanges.
Ripple RLUSD is issued by a NYDFS-recognized trust company, making it special for institutional traders because it is subject to additional regulation.
These developments come amid recent reports that RLUSD may soon join the Cardano ecosystem, following comments from Cardano founder Charles Hoskinson. In a livestream, Hoskinson confirmed that active discussions are underway between the Cardano and Ripple teams regarding the integration of RLUSD.
Growing Institutional Interest in Regulated Stablecoins
The listing of RLUSD fits into a larger trend where institutions are increasingly allocating resources toward blockchain assets that maintain compliance standards.
Gracy Chen, CEO of Bitget, stated in the official release,
The RLUSD listing added to Bitget’s extensive roster of over 900 trading pairs. The exchange continues to broaden access to assets across ecosystems such as Bitcoin, Ethereum, Solana, and Base. Bitget has set its sights on regulated and highly useful digital assets for all kinds of users.
Stablecoins backed by USD are still very popular in the decentralized finance world. The RLUSD token is expected to be used in several sectors such as payments, trading and using blockchain. With Ethereum and XRPL support, the asset provides compatibility across DeFi protocols and wallets.
XRP Price Movement Following Ripple RLUSD Listing
Analysts are keeping an eye on XRP price after the announcement of RLUSD’s listing. At the time of writing, Ripple token has shown some upward activity by going above its previous support points. Even though the RLUSD listing does not change XRP supply, it helps bring attention to the XRP blockchain community.
Previously, news about network improvements or added assets usually caused XRP to react in the market. One result of RLUSD being available on XRPL could be a boost to how much the ledger is used by both users and developers.
XRP price is showing strong momentum, according to the latest research, even though it has trended sideways. According to the weekly chart, XRP is currently priced at $2.29 and the altcoin seems to be holding near the center of the Bollinger Bands.
Still, the top altcoin price is above its lower support around $1.80 and just below its midline at $2.40. Usually, this setup happens before a big move and if bullish volume grows, XRP price could climb to near the upper band at $3.01
According to the chart, the Bull Bear Power (BBP) indicator was at 0.0216, meaning a bullish edge is in place. Despite the BBP being little more than zero, it continued to show that buyers hold a slight advantage in this ongoing consolidation. The price remains above its 50-week moving average which continues to make $2.10 a significant support for med-term trade.
Disclaimer
In this article, the views and opinions stated by the author or any people named are for informational purposes only. And they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.
