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Cryptocurrency exchange Gemini has listed Ripple’s RLUSD stablecoin, which is tradable, depositable, and withdrawable.
The announcement was made through Gemini’s official X account, placing the platform among top exchanges supporting RLUSD. Bitstamp started trading RLUSD in January, and Kraken began trading in April.
The listing had an instant impact on RLUSD’s market performance. Within 24 hours, trading volume rose by 63.7%, to more than $52 million, according to CoinGecko. The sudden increase is a sign of growing interest and market confidence in the stablecoin.
RLUSD, launched late last year, has been growing steadily. Since the start of 2025, its market cap has increased by 338.6%. It now stands at $317 million. While it’s still smaller than stablecoin giants like USDT and USDC, RLUSD’s momentum is strong.
Market experts believe RLUSD will continue to grow, especially as it’s now used as collateral for all Hidden Road prime brokerage services. This wider use could boost demand even further.
Ripple is also investing in real-world adoption. The company recently pledged $25 million in RLUSD to support public education in the U.S., aiming to increase trust and awareness.
The entire stablecoin market is expected to grow sharply. U.S. Treasury forecasts a $2 trillion market cap by 2028. Citigroup projects it could reach $3.7 trillion by 2030.
As stablecoin demand rises, RLUSD’s early adoption and expanding use may help it secure a strong place in this growing ecosystem.
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