Binance has announced the listing of the stablecoin RLUSD from Ripple. Trading started on January 22 with the pairs RLUSD/USDT, RLUSD/U, and XRP/RLUSD, initially on the Ethereum network, and soon also on XRPL.
On the occasion of its debut, the exchange is launching a promotion of zero fees on selected pairs and announces the integration of RLUSD with Binance Earn and portfolio margin.
Availability on the Ethereum network is crucial for liquidity and adoption in DeFi, which could make RLUSD a real competitor to the largest stablecoins in the market.