Ripple's stablecoin RLUSD just gained a major boost with crypto exchange Gemini officially listing the asset

This makes Gemini the 15th exchange to support RLUSD, adding momentum to its growing adoption. The announcement was teased earlier with a cryptic acrostic message

Crypto exchange Gemini has now listed Ripple’s stablecoin (RLUSD) for trading, deposits, and withdrawals on its platform.

Crypto exchange Gemini has now listed Ripple’s stablecoin (RLUSD) for trading, deposits, and withdrawals on its platform.

This makes Gemini the 15th exchange to support the asset, adding momentum to its growing adoption. Earlier, Gemini teased the listing with a cryptic acrostic message that spelled out “RLUSD,” hinting at the new asset and setting up anticipation among the XRP community.

Following Gemini’s listing, RLUSD’s 24-hour trading volume surged to over $43 million, showing a 15% increase. The growing bullish sentiment highlights that RLUSD is quickly gaining traction not only among retail users but also within institutional circles.

Crypto influencer Amelie pointed out that Gemini may have subtly teased Ripple’s stablecoin RLUSD by using a sentence with capitalized letters spelling “RLUSD,” quickly generating excitement among members of the XRP community. However, Gemini did not respond to any questions regarding the cryptic message format.

Crypto influencer Amelie pointed out that Gemini may have subtly teased Ripple’s stablecoin RLUSD by using a sentence with capitalized letters spelling “RLUSD,” quickly generating excitement among members of the XRP community. However, Gemini did not respond to any questions regarding the cryptic message format.

Earlier this week, Ripple announced a donation of $25 million in RLUSD to support public education in the U.S., channeling the funds through DonorsChoose and Teach For America. The initiative will equip underserved classrooms with supplies and technology.

This move is part of Ripple’s broader commitment to tying real-world use to its digital assets. The company is focused on making a positive difference in the communities where its employees live and work.

In May, Ripple is also integrating RLUSD into its enterprise-grade Ripple Payments product, enabling institutions to use the stablecoin for cross-border transactions. In a strategic move, Ripple acquired prime brokerage Hidden Road for $1.25 billion and plans to use RLUSD as collateral in institutional settlement services.

The U.S. was close to setting rules for stablecoins through the GENIUS Act, but things have hit a snag. Some Democrats who were on board are now pulling back, stating that the latest version of the bill doesn’t go far enough in protecting users from safety and fraud.

On top of that, there’s been a stir over a Trump-linked stablecoin deal in Dubai, further complicating matters. Without enough support, the vote might get pushed back, and lawmakers may need to adjust parts of the bill.