Fueling Cross-Border Transactions: RLUSD's Soaring Adoption On Major Exchanges
Stablecoin RLUSD, issued by Ripple, gets delisted by Gemini, resulting in a substantial 63.7% surge in trading volume.
Gemini's Arrival: Gemini, a major US-based cryptocurrency exchange, has listed Ripple's stablecoin RLUSD, enabling trading, deposits, and withdrawals. This move sets a strong foundation for institutional and retail adoption, joining the likes of Bitstamp and Kraken that already support RLUSD trading.
Boosting Liquidity and Credibility
Gemini's listing of RLUSD marks a significant boost both in terms of liquidity and credibility for the stablecoin. Following the announcement, RLUSD's 24-hour trading volume surged to over $52 million, depicting a 63.7% rise as per data from CoinGecko.
The Rising Tide of RLUSD
Since its launch late last year, RLUSD has experienced remarkable growth, with a 338.6% increase in market capitalization since the beginning of 2025, currently standing at around $317 million. Although it still trails behind industry leaders like Tether (USDT) and USDC (USDC), analysts are optimistic about RLUSD's long-term prospects.
Carving a Name Among the Giants
RLUSD's promise as collateral across all of Hidden Road's prime brokerage products and Ripple's $25 million pledge towards US public education initiatives could trigger substantial demand, further fueling RLUSD's growth. Moreover, the broader stablecoin market is set to witness a significant expansion, with market capitalization projected to reach $2 trillion by 2028, and Citigroup's estimate indicating a soar until $3.7 trillion by 2030.
In a nutshell, RLUSD is making steady progress, capturing the attention of major exchanges and investors alike, carving a niche for itself within the vast cryptocurrency landscape. However, the question of its impact on XRP and the broader XRPL ecosystem remains a crucial factor of contention among investors.
[1] Brockmann, F. (2025). Ripple’s RLUSD Stablecoin: A Bridge for Institutional Demand. Coindesk.[2] Finkelstein, Y. (2025). The Rise and Response: Navigating RLUSD and XRP's Evolution. Bloomberg.[3] BeInCrypto. (2025). RLUSD Trading Now Live on Gemini. Retrieved from BeInCrypto[4] Ripple. (2025). Ripple Pledges $25M in RLUSD to US Public Education Initiatives. Retrieved from Ripple[5] The Block. (2025). Gemini Lists RLUSD as Ripple’s Stablecoin Builds Cross-Chain Capabilities. Retrieved from The Block
- Gemini's listing of RLUSD, a stablecoin issued by Ripple, has enabled trading, deposits, and withdrawals on the platform, aiming to boost institutional and retail adoption.
- Following Gemini's announcement, RLUSD's 24-hour trading volume surged, reaching over $52 million, reflecting a significant increase in liquidity.
- Market analysts are optimistic about RLUSD's long-term prospects, with the stablecoin experiencing a 338.6% increase in market capitalization since the beginning of 2025, currently standing at around $317 million.
- RLUSD's growing popularity could be attributed to its potential use as collateral across all of Hidden Road's prime brokerage products and Ripple's $25 million pledge towards US public education initiatives.
- The broader stablecoin market is projected to expand significantly, with market capitalization expected to reach $2 trillion by 2028 and Citigroup estimating a soar until $3.7 trillion by 2030.
- As RLUSD gains traction among major exchanges and investors, the impact on XRP and the broader XRPL ecosystem remains a topic of discussion among investors.
- Reports from Coindesk, Bloomberg, BeInCrypto, Ripple, and The Block have covered the listing of RLUSD on Gemini and its growing acceptance within the cryptocurrency market.
