Cryptocurrency exchange Gemini has officially listed Ripple’s stablecoin, RLUSD, for trading, deposits, and withdrawals—marking a significant milestone in the coin’s growing adoption. The announcement follows a cryptic teaser by Gemini that subtly highlighted the letters “R, L, U, S, D,” sparking speculation within the XRP community.
With this latest addition, RLUSD is now supported by 15 platforms, including Bitstamp, Uphold, Revolut, Bullish, and Coinmena. Gemini’s listing strengthens RLUSD’s global footprint and reinforces its intended use across payments, trading, and cross-border financial operations.
Ripple has already begun leveraging RLUSD for real-world impact. On May 5, the company announced a $25 million donation in RLUSD to support public education in the United States. The initiative, executed through DonorsChoose and Teach For America, aims to provide under-resourced schools with essential supplies, updated technology, and teaching staff—part of Ripple’s broader mission to advance financial literacy and equity in education.
Beyond philanthropy, RLUSD is playing an increasingly central role at the institutional level. Integrated into the Ripple Payments network, the stablecoin facilitates cross-border transactions for Ripple’s enterprise clients.
In a further push into institutional finance, Ripple acquired prime brokerage firm Hidden Road for $1.25 billion in April. RLUSD will be used as collateral within the firm’s trading and settlement processes, anchoring its utility in high-level financial infrastructure.
As new listings and real-world applications continue to mount, RLUSD is evolving from a digital stablecoin into a powerful financial tool—positioning Ripple as a major player in the next generation of digital assets.
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