Ripple has taken another step into mainstream markets. The company’s USD-pegged stablecoin, RLUSD, is now live on Bybit, one of the world’s top crypto exchanges. The listing expands RLUSD’s reach beyond its early launches on Bullish and Bitstamp. For traders, it adds a new liquidity option on Bybit’s high-leverage platform, where stablecoins serve as a core trading pair. What RLUSD Brings to the Market RLUSD is built for institutions. It is fully backed by USD deposits, U.S. government bonds, and cash equivalents. Ripple also provides monthly third-party attestations of reserves, a move designed to meet regulatory transparency standards. Ripple CEO
The post Ripple’s RLUSD Stablecoin Launches on Bybit Exchange appeared first on The Merkle News.