Ripple’s USD-Backed RLUSD Stablecoin Hits Bitpanda EU & UK
Ripple’s US dollar-pegged stablecoin RLUSD has launched on Bitpanda, marking its first listing on both EU and UK platforms. Traders can now access RLUSD via EUR and BTC trading pairs, benefiting from deep liquidity, low fees and fast settlement under EU regulatory oversight. The token is backed 1:1 by USD reserves and designed to integrate with Ripple’s on-demand liquidity services and blockchain-based cross-border payment solutions. This listing follows RLUSD’s earlier integrations with payment platforms and reflects growing institutional interest. For crypto traders, the RLUSD debut on Bitpanda expands transparent, fully collateralised stablecoin options, boosts arbitrage opportunities against USDT and USDC, and enhances market stability in volatile conditions.
Neutral
Listing RLUSD on Bitpanda’s EU and UK platforms enhances access to Ripple’s US dollar-backed stablecoin, boosting liquidity and trading options. For traders, this creates more transparent, fully collateralised stablecoin supply and arbitrage opportunities against USDT and USDC. The EU regulatory framework ensures compliance and market confidence, potentially attracting institutional flows. In the short term, RLUSD’s price impact is neutral due to its USD peg, but higher adoption may drive volume and deeper markets. Long term, broader exchange listings can strengthen RLUSD’s role in cross-border payments and as a stable trading asset within volatile crypto markets.