Ripple USD launched in Europe

Yesterday announced Bitstamp to announce that RLUSD has been added to their platform. The exchange has added a total of six trading pairs for the Ripple stablecoin: RLUSD/EUR, RLUSD/USDT, RLUSD/USD, RLUSD/BTC, RLUSD/ETH, and RLUSD/XRP.

According to data from Coinmarketcap, it reached trade volume of the past 24 hours approximately US$126 million, representing a significant 48 percent increase from the previous day. Ripple Labs plans to open a new market segment with its own stablecoin, positioning RLUSD as a "serious alternative" to well-known tokens such as those from Tether and Circle.

MiCa regulation could be advantageous for Ripple. If the crypto giant focuses on the strictly regulated EU market, it could lead to significant market share, especially as Tether's USDT faces delistings in the EU. Overall, stablecoins have a market capitalization of US$212 billion, with almost all leading tokens linked to the world reserve currency.

Last Tuesday, Ripple's Mar-a-Lago summit met with the incoming 47th president of the United States, Donald Trump. Details of the conversation are not known, but CEO Garlinghouse spoke of a "strong start in 2025." Monica Long, president of Ripple, announced in an interview with Bloomberg that the company will announce more listings soon. For now, RLUSD is not yet tradable on top exchanges such as Binance, Coinbase, or Kraken.