Binance Lists Ripple’s RLUSD Stablecoin With Zero Fees as Market Cap Tops $1.3B
Key Takeaways:Binance Brings RLUSD to Spot MarketsWhy Ethereum First, XRPL NextStablecoin Design and Regulatory PositioningLiquidity, Utility, and Binance’s Role
The accessibility of Binance’s global user base helps RLUSD have a wide coverage. Besides spot trading, Binance confirmed that RLUSD will be eligible to enjoy portfolio margin, allowing users to use leveraged-portfolio trading. RLUSD will be integrated in Binance Earn, opening a chance to have passive income for holders.
These integrations bring RLUSD far beyond the role of a classic trading pair. This stablecoin is navigated as an asset having high-practical asset on a variety of Binance, from trading to yield-generating solutions.
In the case of Ripple, this is important, since liquidity is important in real-life applications. On-chain settlement, remittances, and payments necessitate profound markets that are stable. Infrastructure offered by Binance offers such a basis.
About Author
