"Ripple and OKX announced on April 29 an integration to expand RLUSD access across OKX, launching with trading support for more than 280 spot pairs, including XRP/RLUSD, along with derivatives and collateral functionality."
"The rollout introduces RLUSD as a multi-purpose asset across trading, margin, and settlement workflows, enabling deposits and withdrawals via the XRP Ledger (XRPL) with direct minting and redemption for consistent liquidity access."
Ripple and OKX have launched RLUSD on eligible OKX markets, supporting over 280 spot pairs and derivatives collateral. The integration allows for XRP/RLUSD trading, XRPL deposits and withdrawals, and access to a unified order book. RLUSD serves as a multi-purpose asset for trading, margin, and settlement workflows. The stablecoin has achieved a market capitalization exceeding $1.5 billion since its launch in December 2024, with plans for further integrations across the OKX ecosystem as regional availability varies.
Read at news.bitcoin.com
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