Ripple and cryptocurrency exchange OKX said Wednesday they partnered in order to expand access to RLUSD, including making the stablecoin available for spot trading across over 280 pairs, the two companies said.
The partnership could bolster RLUSD’s usage and liquidity, setting the USD-pegged token to better compete with the industry’s two leading stablecoins, Tether’s USDT and Circle’s USDC. Ripple launched its RLUSD stablecoin in December 2024 and has a market capitalization of over $1.5 billion.
On OKX, traders will be able to use RLUSD for “institutional-grade margin collateral for derivatives, including perpetual futures where available,” the companies said in a statement. “Deposits and withdrawals are enabled via the XRP Ledger (XRPL), with direct minting and redemption ensuring consistent access to liquidity,” they also said.
“As RLUSD adoption accelerates, we’re seeing strong demand across both crypto-native and institutional markets, particularly for high-quality collateral,” Ripple SVP of Stablecoins Jack McDonald said.
Through OKX’s unified order book, the exchange said its customers can use RLUSD “to trade and collateralize positions across both spot and derivatives markets, enabling more flexible margin management and streamlined capital deployment without moving funds across platforms.”
OKX serves over 120 million customers worldwide, according to the statement. Besides issuing RLUSD, Ripple is closely associated with the XRP token and the primary advocate for its ecosystem.
© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Trade Crypto On Coinhub Exchange
Trade Crypto On Coinhub Exchange
Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!
Disclaimer
The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.
Read more
