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Ripple’s RLUSD Gets Listed on Margex — Coinbase and Binance on the Horizon?
Ripple’s latest stablecoin, RLUSD, has made significant strides with its recent listing on Margex. This development comes as a significant boost to Ripple’s efforts to establish RLUSD as a major player in the crypto market. The news also raises hopes of potential listings on other major exchanges like Coinbase and Binance.
RLUSD’s listing on Margex marks an important milestone for Ripple, further solidifying its position within the stablecoin landscape. With the growing demand for decentralized finance (DeFi) solutions, this development is likely to attract attention from institutional investors seeking reliable alternatives for asset management and lending.
The news comes amid predictions of increased adoption of stablecoins in 2025, with top executives at Ripple forecasting more major exchange listings in the coming months. While RLUSD’s listing on Margex can be seen as a testament to its growing popularity, it is clear that Ripple is gearing up to expand its reach across various platforms.
In related news, Ripple has also announced its partnership with Ondo Finance to introduce tokenized U.S. Treasuries to the XRP Ledger (XRPL). This collaboration will provide institutional investors with access to Ondo’s Short-Term U.S. Government Treasuries (OUSG), backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL).
The integration of OUSG into XRPL is expected to be completed within the next six months, offering a seamless and efficient process for investors to mint and redeem these tokens using RLUSD. This development can be seen as a significant step forward in Ripple’s efforts to increase adoption and drive institutional interest.
RLUSD’s growing popularity is evident from its increased usage as a bridging asset between traditional finance and decentralized platforms. With top-notch partnerships like the one with Ondo Finance, Ripple is undoubtedly positioning itself for further growth and expansion.
The news has sent shockwaves through the crypto community, with many predicting that RLUSD will become a major player in the stablecoin market, closely following its listing on Coinbase and Binance.
Source: bravenewcoin.com
