Tomorrow, January 22, at 08:00 (UTC), the Binance exchange will conduct a very important listing - the stablecoin RLUSD from Ripple will be added. In addition, trading in the pairs RLUSD/USDT and RLUSD/U will take place with zero commission.

The stablecoin will initially be traded with support from Ethereum, and later integration with the XRP Ledger will be conducted.

This listing will increase the visibility and liquidity of RLUSD, creating competition for dominant stablecoins like USDT and USDC.

As of today, RLUSD is fully backed at a 1:1 ratio to the dollar by deposits in this currency, short-term treasury bonds, and cash equivalents, with a market capitalization of more than $1.3 billion.

This listing will be a key step in the token's exit from the native Ripple ecosystem. Additionally, Binance noted that it will be added in the future, particularly to the Earn programs.