Key Highlights
- Bitrue exchange introduced RLUSD trading pairs with PAXG and XAUT gold tokens.
- RLUSD now bridges dollar-pegged stability with tokenized gold from Paxos and Tether.
- Binance dominates RLUSD trading with more than $29.3 million daily volume on the RLUSD/USDT pair.
- Decentralized platforms including Uniswap V3 and Curve Finance provide substantial RLUSD liquidity.
- Deloitte’s audit reveals $1.56 billion in reserves supporting the $1.49 billion RLUSD in circulation.
The stablecoin RLUSD from Ripple has broadened its trading ecosystem with newly introduced gold-backed pairs on Bitrue exchange. The platform recently launched trading options pairing RLUSD with both PAXG and XAUT, representing blockchain-based gold tokens from Paxos and Tether respectively. Concurrent with this expansion, updated audit reports and liquidity data demonstrate consistent advancement across both centralized and decentralized trading venues.
Gold-Backed Token Pairs Broaden RLUSD Trading Options
Bitrue rolled out RLUSD trading pairs featuring PAXG and XAUT during recent hours. Both tokens represent physical gold holdings and function through blockchain infrastructure.
Paxos issues PAXG, whereas Tether produces XAUT, the same organization responsible for USDT. These newly available pairs enable market participants to transition between dollar-denominated stablecoins and digital gold assets on a single platform. RLUSD now bridges fiat-backed liquidity channels with blockchain-based precious metal products.
These pair introductions arrive amid ongoing liquidity expansion for RLUSD throughout prominent trading platforms. Data from CoinMarketCap indicates Binance commands the largest share of RLUSD trading activity worldwide. The RLUSD/USDT trading pair on Binance generates approximately $29.3 million in daily transaction volume, representing roughly 10% of aggregate turnover.
Within decentralized finance ecosystems, Uniswap V3 shows $9.43 million in daily RLUSD/USDC trading activity. Curve Finance liquidity pools contain approximately $7.47 million in RLUSD assets. These metrics demonstrate that Ripple’s stablecoin sustains robust engagement throughout Ethereum-based financial platforms.
Reserve Verification Arrives as Convera Adopts RLUSD for Business Payments
Deloitte published an updated reserve attestation dated April 2 examining Ripple’s dollar stablecoin holdings. The accounting firm documented reserves totaling $1.56 billion. The assessment confirmed this amount surpasses the $1.49 billion worth of RLUSD tokens currently circulating.
Deloitte’s report verified that reserves completely support the outstanding token supply at the review date. This confirmation arrived following recent exchange partnerships and trading pair additions. Ripple USD maintains ongoing reserve disclosure practices aligned with its regulatory compliance structure.
Simultaneously, payments processor Convera initiated RLUSD integration throughout its business infrastructure. Convera handles approximately $170 billion in yearly B2B payment transactions. This integration enables corporate clients to utilize Ripple USD within international settlement operations.
Expansion into Convera’s payment infrastructure extends RLUSD usage beyond traditional exchange trading environments. RLUSD now functions within enterprise payment networks alongside consumer-facing cryptocurrency markets. These latest partnerships and platform additions represent the most current developments as of April 2.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
