Gate Launches RLUSD, Introduces Four Trading Pairs, and Offers Multiple Incentives
Svmuu News: The cryptocurrency exchange Gate has announced that it will list RLUSD, the U.S. dollar-pegged stablecoin launched by Ripple, on June 15 at 17:00 (UTC+8), and will simultaneously open trading for the BTC/RLUSD, ETH/RLUSD, XRP/RLUSD, and RLUSD/USDT trading pairs. RLUSD is fully backed 1:1 by U.S. dollar deposits, short-term U.S. Treasury bills, and other cash equivalents, with transparency and compliance enhanced through monthly reserve audit reports. Designed specifically for payment use cases, this stablecoin aims to meet the growing demand from users, developers, and institutions for a stablecoin that is transparent, interoperable, and capable of real-world applications. To celebrate the launch, Gate is simultaneously launching a market incentive program totaling 750,000 RLUSD. This program includes multiple initiatives such as CandyDrop trading incentives, VIP-exclusive airdrops, withdrawal fee waivers, and KOL promotions, all aimed at driving genuine trading demand, enhancing trading depth, and boosting new user participation and market activity. The launch of RLUSD and the concentrated release of incentive resources reflect Gate’s strategic direction to continuously improve the stablecoin trading ecosystem and enhance multi-asset liquidity and trading efficiency. In the future, Gate will build upon its existing foundation to expand partnerships with more high-quality assets and ecosystems, driving the continuous evolution of digital asset market infrastructure.
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
How do I buy and sell THO tokens? On which exchanges is the Thorus token listed?
-
2
How do I buy and sell URQA tokens? Which decentralized exchanges are they listed on?
-
3
What Is CPS? An Analysis of the Crypto Project Behind the Multi-Meaning Acronym and an Assessment of Investment Risks
-
4
What Is EADX? An Analysis of the Current Market Situation and Trading Platforms
-
5
Decred (DCR) Project Analysis: Hybrid Consensus, Decentralized Governance, and Market Performance
-
6
BUSD Stablecoin: An Analysis of Its Definition, Rise and Fall, and Current Status
-
7
pBTC Token Trading Guide: An Analysis of Platforms for Buying and Trading the Two Types of pBTC on Solana and EVM Chains
-
8
Korean Shipbuilders Sweep Up LNG, Ammonia Orders as Energy Demand Holds Firm
-
9
In-Depth Analysis of the GRASS Token and Perpetual Contracts: A New Paradigm for Decentralized Bandwidth Sharing; Clarification on GRND Exchange Information
-
10
What Is MIOTA? An Analysis of the IOTA Project’s Core Token and a Trading Guide
Markets Today
Recommended Reading











