Binance opens deposits for Ripple’s flagship on XRP Ledger
Crypto Briefing
Binance has enabled deposits for Ripple USD (RLUSD) on the XRP Ledger network, expanding stablecoin access.Summary
Binance announced the completion of its integration for Ripple USD (RLUSD) on the XRP Ledger network, making deposits available to users immediately, though withdrawals will follow once liquidity is sufficient. RLUSD is a dollar-pegged stablecoin issued by Ripple Labs that operates natively on both the XRP Ledger and Ethereum, aiming to serve institutional payments and DeFi. This listing strengthens Binance's stablecoin offerings alongside USDT and USDC, and since its launch in late 2024, RLUSD has already achieved a market capitalization exceeding $1.5 billion.
(Source：Crypto Briefing)