Ripple’s RLUSD Expands as New Crypto Exchange Adds Support
29.01.2025 20:00 1 min. read Alexander Zdravkov
Ripple’s RLUSD stablecoin has been integrated into the Margex trading platform, allowing users to leverage it as collateral for crypto trading.
This latest addition strengthens RLUSD’s market presence and expands its use in cross-border transactions and risk management.
Margex has also introduced TradingView’s advanced charting tools, providing over 100 technical indicators and multiple charting options. Additionally, the platform now supports instant deposits and withdrawals for Dogecoin (DOGE), adding to existing options like Kaspa (KAS) and Toncoin (TON).
Ripple’s stablecoin is already available on platforms such as Bitstamp, Uphold, and Bullish, with plans to secure listings on major exchanges like Coinbase and Binance. Ripple executives expect significant demand growth for RLUSD in 2025 as institutional adoption rises.
An independent audit by BPM has confirmed RLUSD’s 1:1 peg to the US dollar, backed by $83.21 million in reserves. Holdings include U.S. Treasury bills, government money-market funds, and cash deposits, ensuring the stablecoin remains fully collateralized and compliant with regulatory standards.
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