According to Gate, the exchange listed four RLUSD spot trading pairs—BTC/RLUSD, ETH/RLUSD, XRP/RLUSD, and RLUSD/USDT—on June 15. Ripple's U.S. dollar-backed stablecoin is now accessible against major cryptocurrencies and USDT.
Gate launched a 750,000 RLUSD incentive program including trading rewards, liquidity incentives, and staged withdrawal fee reductions. RLUSD withdrawals open June 16 with zero fees for transfers of 20 RLUSD or more during the promotion. Since its December 2024 debut, RLUSD has exceeded $1.6 billion in market capitalization.