Crypto exchange Bybit has confirmed the listing of Ripple’s dollar backed stablecoin RLUSD on its platform. This came shortly after BlackRock and VanEck integrated the stablecoin into their tokenized funds earlier this week.
Bybit shared that stablecoin will be available for spot trading, and will be open against USDT, Bitcoin (BTC), Ethereum ETH), XRP, and Mantle (MNT). Bybit has enabled deposits and withdrawals for RLUSD on both the Ethereum blockchain and the XRP Ledger, the two networks where the token is natively issued.
However, the availability of these pairs will depend on jurisdictional rules, but the listing still provides traders and investors with a wider set of options to interact with the stablecoin.
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