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Home Market Research Cryptocurrency

Gemini Adds Ripple Stablecoin RLUSD

by TheAdviserMagazine
5 months ago
in Cryptocurrency
Reading Time: 4 mins read
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Gemini Adds Ripple Stablecoin RLUSD
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Crypto exchange Gemini has listed Ripple’s stablecoin, RLUSD, for trading. The move was confirmed in a recent announcement by the exchange, stating that deposits and withdrawals are now enabled for the asset.

Gemini Lists Ripple Stablecoin RLUSD

According to an X post, crypto exchange Gemini has enabled trading, deposits, and withdrawals for RLUSD. The announcement follows a cryptic message earlier in the day that drew attention from the XRP community due to a coded reference to RLUSD.

The message included a stylized sentence—“futures are brighteR when we buiLd Up System that upgraDe finance”—with specific capitalization of the letters “R, L, U, S, D.” This acrostic has led users and analysts to believe the post was an intentional nod to Ripple’s dollar-backed stablecoin.

Digital asset commentator Amelie shared the post on social media, stating, “Gemini seems to be subtly acknowledging RLUSD.” While Gemini has not officially confirmed whether the embedded message was intentional, RLUSD’s listing now brings the total number of exchanges offering the token to 15.

RLUSD Adoption Expands Across Exchanges

Before its listing on Gemini, RLUSD was already available on several digital asset platforms. These include Uphold, Moonpay, B2C2, Keyrock, Coinmena, Archax, Bitso, JST Digital, Independent Reserve, Bullish, MB, Zero Hash, Revolut, and Bitstamp.

Ripple’s website confirms that these platforms support RLUSD for a range of financial services. These include trading, payments, and broader financial utility for both retail and institutional users. With the addition of Gemini, RLUSD’s availability now covers more geographical regions and user bases.

By expanding exchange support, Ripple aims to make RLUSD accessible to users involved in different use cases. These include cross-border transactions, stablecoin custody, and crypto-to-fiat conversions.

Ripple Donates $25M in RLUSD to US Education

On May 5, 2025, Ripple announced a $25 million donation in RLUSD to benefit public education across the United States. The donation will be distributed through DonorsChoose and Teach For America. These nonprofits support K–12 classrooms and teacher training programs in underserved communities.

The funds are being used to buy school supplies, digital tools, and classroom technology. Teachers will also receive direct support to improve educational delivery. Ripple stated that this move is part of its ongoing commitment to promoting financial literacy and equitable access to education.

A representative from Ripple said, “We’re proud to partner with these organizations and help support thousands of classrooms with RLUSD.” The use of the stablecoin in philanthropic efforts also serves to demonstrate its functionality outside of trading platforms.

RLUSD Integration and Institutional Use Grows

Ripple has integrated RLUSD into its enterprise payment product, Ripple Payments. The stablecoin will be used by select financial institutions to streamline cross-border treasury operations. This aims to increase the reliability and speed of cross-border payment processing amid the increasing calls for stablecoin regulations.

Ripple also announced the acquisition of Hidden Road, a prime brokerage firm, for $1.25 billion in April 2025. According to Ripple, RLUSD will be used as collateral within Hidden Road’s trading and settlement services for institutional clients.

This acquisition is seen as part of Ripple’s broader push into institutional finance. The firm plans to expand RLUSD’s role in professional trading and brokerage services by embedding it into risk management and liquidity strategies.

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Kelvin Munene Murithi

Kelvin is a distinguished writer with expertise in crypto and finance, holding a Bachelor’s degree in Actuarial Science. Known for his incisive analysis and insightful content, he possesses a strong command of English and excels in conducting thorough research and delivering timely cryptocurrency market updates.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.



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Tags: AddsGeminiRippleRLUSDStablecoin
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