Ripple’s Stablecoin RLUSD Just Got a Major Boost With Gemini Listing

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

Ripple’s stablecoin, RLUSD, is quickly gaining momentum as crypto exchange Gemini has officially added the asset to its platform for trading, deposits, and withdrawals.

This listing makes Gemini the 15th exchange to support RLUSD, further boosting its presence and accessibility within the crypto ecosystem.

Earlier, Gemini teased the upcoming listing with a cryptic message in response to a user, gradually revealing the letters that spelled "RLUSD" across multiple replies. This playful hint sparked anticipation and engagement, especially within the XRP community.

Following the Gemini listing, RLUSD’s 24-hour trading volume soared to over $43 million, marking a 15% increase from the previous day.

The growing bullish sentiment shows that RLUSD is gaining traction fast, both among retail users and institutions.

Crypto influencer Amelie also pointed out that Gemini may have subtly teased Ripple’s stablecoin RLUSD by using a sentence with capitalized letters spelling “RLUSD”, sparking buzz in the XRP community. However, Gemini has not responded anything on this cryptic message format.

On May 5, Ripple donated $25 million in RLUSD to support public education in the U.S., distributing funds through DonorsChoose and Teach For America. The initiative is aimed at equipping underserved classrooms with supplies and tech, reinforcing Ripple’s mission to tie real-world use to its digital assets.

Institutions will be able to use Ripple’s enterprise-grade Ripple Payments product for cross-border transactions via the stablecoin. 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.