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Fortune

Catherine McGrath

Ripple’s RLUSD launches on global exchanges with some investors paying a premium

Ripple X United States XRP MoonPay

(Credit: Jakub Porzycki/NurPhoto—Getty Images)

Ripple’s dollar-backed stablecoin, known as RLUSD, launched today on several global crypto exchanges.

RLUSD is now available on Bitso, Uphold, CoinMENA, MoonPay, and Archax with other listings coming in the future, according to Ripple. The token is compatible with the Ethereum blockchain and the XRP ledger, a blockchain created by Ripple Labs alongside its native token, XRP.

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