RLUSD is available for trading!
We’re thrilled to announce that RLUSD is now available for trading on Kraken!
Funding and trading
RLUSD trading will be live as of 16:00 UTC today, Apr. 2, 2025.
To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’.
Make sure to deposit your tokens into networks supported by Kraken. Deposits made using other networks will be lost.
Here’s some more information about these assets:
Ripple USD (RLUSD)
RLUSD is Ripple’s USD-backed stablecoin natively issued on XRP Ledger and Ethereum blockchains. It is fully reserved by a reserve of cash and cash equivalents, redeemable 1:1 for USD. Designed for enterprise-grade use, RLUSD is ideal for financial use cases including payments, global settlement on/off ramping and as trading collateral.
Please note:
- Trading via Kraken App and Instant Buy will be available once the liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched).
- Geographic restrictions may apply
Will Kraken make more assets available?
Yes! But our policy is to never reveal any details until shortly before launch – including which assets we are considering. All of Kraken’s available tokens can be found here, and all future tokens will be announced on our Listings Roadmap and social media profiles. Our client engagement specialists cannot answer any questions about which assets we may be making available in the future.
The post RLUSD is available for trading! appeared first on Kraken Blog.
Kraken Blog