Ripple’s RLUSD stablecoin gains strong momentum as Bitpanda adds dollar-backed tokens, expanding its global reach and strengthening Ripple’s growing dominance in cross-border payments through transparent, compliant, and interoperable blockchain infrastructure.
Ripple’s RLUSD added to Bitpanda, strengthening Ripple’s stablecoin network
Interest in stablecoins continues to grow and reshape the digital payments landscape as major exchanges expand their list of asset-backed tokens. Bitpanda, an Austrian digital asset service provider, announced on October 30 that it has added Ripple USD (RLUSD), Ripple’s US dollar-backed stablecoin, to its trading platform. The token aims to combine the stability of traditional finance with the efficiency of blockchain, allowing Ripple to further position itself in the evolving stablecoin market.
Ripple’s RLUSD is fully collateralized in USD on a 1:1 basis and is verified monthly to ensure transparency. The company said the stablecoin is specifically designed to support cross-border transactions and real-time payments, and address long-standing friction points in global payments. RLUSD operates on both the Ethereum and XRP Ledger networks, expanding interoperability and increasing its appeal among users looking for fast, low-cost transfers. Bitpanda states that “RLUSD is not available to EEA users,” indicating any regulatory or regional restrictions on access within the European Economic Area.
In addition to Bitpanda, RLUSD supports Alchemy Pay, Archax, B2C2, Banxa, Bitget, Bitmex, Bitso, Bitstamp, Bullish, Bybit, Chipper, Coinmena, Flowdesk, Gemini, Independent Reserve, JST Digital, Keyrock, Kraken, Mesh, LMAX Available with a wide range of global exchanges and payment providers including Digital, Moonpay, PDAX, Revolut and Transak. Uphold, VALR, Yellow Card, Zero Hash. Analysts see this wide distribution as a sign of increasing demand for fiat-backed digital assets on both centralized and decentralized platforms. Stablecoin proponents believe that RLUSD and similar tokens can help stabilize crypto markets, improve payment systems, and increase global liquidity.
Ripple designed RLUSD to meet institutional standards and regulatory expectations. On September 16, Ripple’s senior vice president of stablecoins, Jack McDonald, emphasized that the token is focused on interoperability and compliance. “As regulatory clarity increases and infrastructure matures, more companies are looking to issue stablecoins,” he said. Bluechip, an independent organization, ranked RLUSD as the best stablecoin with an “A” rating due to its strong asset backing, governance, and transparency.
FAQ 🧭
- How will Bitpanda’s listing of Ripple on RLUSD impact Ripple’s global growth?
The integration of Bitpanda and RLUSD will significantly expand Ripple’s international footprint and strengthen its influence in cross-border payments and digital asset markets. - What makes RLUSD attractive to investors and institutions?
RLUSD is fully backed 1:1 by USD, receives monthly verification, and operates across Ethereum and the XRP Ledger, providing transparency, stability, and interoperability. - Why is RLUSD considered to be a strategic advantage for Ripple in the stablecoin space?
RLUSD strengthens Ripple’s leadership in compliant real-time payments by blending traditional financial guarantees with blockchain efficiency for global payments. - What does widespread exchange availability for RLUSD imply for the market?
The listing on a major global exchange highlights the growing investor demand for digital assets backed by regulated fiat currencies and signals the accelerating mainstream adoption of stablecoins.
