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Bitstamp lists Ripple’s RLUSD stablecoin

Bitstamp has added support for Ripple's RLUSD stablecoin, allowing users to trade it alongside other major cryptocurrencies. RLUSD is intended for retail and institutional investors and is compliant with legal procedures like the New York Trust Charter issuance. Ripple designed RLUSD for enterprise-grade applications, such as payments, tokenization, and DeFi, and it has been rapidly gaining availability on various exchanges. Ripple has also partnered with Chainlink to integrate decentralized price feeds for RLUSD on the XRP Ledger and Ethereum, increasing reliability and addressing manipulation and outages. RLUSD's trading volume has significantly increased, placing it among the most-traded stablecoins.

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