Ripple's (XRP) RLUSD Stablecoin Secures New Listings on Revolut and Zero Hash

The much-hyped stablecoin is now available for trading on Revolut and Zero Hash. These recent additions are likely to result in substantially broader RLUSD adoption.

The Ripple USD (RLUSD) stablecoin continues to secure new listings, with the latest being on Revolut and Zero Hash, according to a Wednesday announcement. These additions are expected to drive broader adoption of RLUSD.

Launched in December, the stablecoin is now available on both Ethereum and the XRP Ledger. It is also set to be integrated with additional platforms in the future.

London-based fintech firm Revolut boasts over 50 million customers worldwide. Last September, it was reported that the company planned to launch its own stablecoin. In November, it also obtained the approval to expand its services across the EU after securing a banking license in the UK.

Meanwhile, Zero Hash is a leading cryptocurrency infrastructure platform. With the addition of RLUSD, the platform now supports five stablecoins across various chains.

Being part of Zero Hash's stablecoin engine is significant for the RLUSD as it positions Ripple's stablecoin to be utilized by fintech firms in the realm of payments (remittances, payouts, AI agents) and trading.

“This listing demonstrates Zero Hash’s commitment to providing our clients with the most innovative and regulated stablecoin products on the market,” said Edward Woodford, CEO of Zero Hash.

As reported by U.Today, the Ripple stablecoin recently surpassed $100 million in market capitalization.

The token was also recently listed on Bitstamp, one of the oldest cryptocurrency exchanges.

According to CoinGecko, the market cap of RLUSD currently stands at $108 million.