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Gate Officially Lists RLUSD: With Four Trading Pairs and a User Incentive Program

Gate has introduced the itemizing of RLUSD (Ripple USD), Ripple’s U.S. Dollar backed stablecoin, alongside the launch of BTC/RLUSD, ETH/RLUSD, XRP/RLUSD, and RLUSD/USDT buying and selling pairs on June 15 at 09:00 (UTC). With the asset now accessible, customers can commerce RLUSD immediately in opposition to main crypto belongings within the spot market, additional increasing stablecoin utility throughout buying and selling situations.

RLUSD is a regulated, enterprise-grade stablecoin created with belief, liquidity, and compliance at its core. Issued by Standard Custody & Trust Company, LLC — a wholly owned subsidiary of Ripple Labs — RLUSD is backed 1:1 by U.S. greenback deposits, short-term U.S. Treasuries, and different money equivalents, with month-to-month attestations to boost belief and regulatory alignment. 

Purpose-built for funds, RLUSD is designed to fulfill the rising demand from customers, builders and establishments for a stablecoin that’s clear, interoperable and constructed for real-world use. Since its launch in December 2024, RLUSD’s market cap has surpassed $1.6 billion, reflecting speedy adoption throughout funds, remittances and institutional DeFi. A key pillar of RLUSD’s design is its multichain structure.

Available natively on each the XRP Ledger and Ethereum, RLUSD provides customers the advantages of each ecosystems: quick, low-cost transactions on XRPL, and composability with sensible contracts on Ethereum. This multichain strategy ensures RLUSD stays accessible wherever builders and customers select to construct, enabling real-world funds, on-chain liquidity, and cross-network interoperability at scale. Through integration with main asset buying and selling pairs, RLUSD is anticipated to contribute positively to market depth and capital turnover effectivity.

To assist the launch, Gate has concurrently launched a market incentive program totaling 750,000 RLUSD, protecting buying and selling, liquidity, and consumer participation throughout a number of dimensions. Key initiatives embody a CandyDrop incentive mechanism for retail customers, unique VIP airdrops for high-net-worth customers, in addition to withdrawal charge reductions and KOL promotion campaigns. The total incentive construction is centered round RLUSD buying and selling in opposition to main belongings together with BTC, ETH, and XRP, aiming to encourage real buying and selling demand and improve market exercise.

In phrases of mechanism design, the platform has excluded stablecoin-to-stablecoin buying and selling from the core incentive scope in an effort to cut back the impression of non-organic buying and selling exercise on market information. At the identical time, phased activity buildings and tiered incentive fashions are designed to stability new consumer acquisition with elevated engagement from present customers. In addition, withdrawal charge reductions will probably be launched in phases to facilitate asset deposits, withdrawals, and on-chain circulation, thereby enhancing capital move effectivity throughout completely different buying and selling venues and blockchain networks.

In addition, the RLUSD withdrawal perform is anticipated to formally launch on June 16, 2026, at 09:00 (UTC) (the precise time is topic to the standing proven on the asset web page), together with a fee-free RLUSD withdrawal promotion. During the promotion interval, customers can take pleasure in zero withdrawal charges on a single withdrawal of 20 RLUSD or extra.

Gate continues to strengthen its assist for stablecoins and multi-chain belongings by introducing rising steady belongings alongside systematic incentive mechanisms to enhance market depth and buying and selling effectivity. The launch of RLUSD and the concentrated launch of incentive assets additional mirror Gate’s strategic positioning inside the stablecoin sector, in addition to its long-term path of constantly optimizing the buying and selling ecosystem and consumer expertise via the combination of high-quality belongings and liquidity instruments. Going ahead, Gate will proceed increasing high-quality asset choices and ecosystem partnerships, strengthening the combination between buying and selling and on-chain situations, and driving the continued evolution of digital asset market infrastructure.

RLUSD Contract Address:

ERC20:https://etherscan.io/token/0x8292bb45bf1ee4d140127049757c2e0ff06317ed

XRP:https://xrpscan.com/token/524C555344000000000000000000000000000000.rMxCKbEDwqr76QuheSUMdEGf4B9xJ8m5De

Related Trading Markets:

RLUSD/USDT:https://www.gate.com/trade/RLUSD_USDT

BTC/RLUSD:https://www.gate.com/trade/BTC_RLUSD

ETH/RLUSD:https://www.gate.com/trade/ETH_RLUSD

XRP/RLUSD:https://www.gate.com/trade/XRP_RLUSD

Disclaimer:

This content material doesn’t represent a suggestion, solicitation, or suggestion. You ought to at all times search unbiased skilled recommendation earlier than making funding choices. Gate might prohibit or prohibit sure providers in particular jurisdictions. For extra data, please learn the User Agreement.

The publish Gate Officially Lists RLUSD: With Four Trading Pairs and a User Incentive Program appeared first on BeInCrypto.

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