Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Banxa Expands Stablecoin Support with Ripple’s RLUSD

Banxa Expands Stablecoin Support with Ripple’s RLUSD

CryptotimesCryptotimes2025/05/16 21:55
By:Dishita Malvania

“Stablecoins play a crucial role in the crypto ecosystem,” he said.

Banxa now supports RLUSD, Ripple’s newly launched USD-backed stablecoin. That means users can buy or sell RLUSD directly on Banxa using everyday payment methods, like bank transfers, credit cards, or instant local options.

Banxa now supports @Ripple ’s RLUSD stablecoin!
As part of our commitment to the growing stablecoin market, users can seamlessly buy RLUSD via our fiat on/off-ramp at https://t.co/PP6Bw78ENd and on all supported wallets, exchanges and dApps.

Stable, transparent, and… pic.twitter.com/CGRm8kFb9x

— Banxa (@BanxaOfficial) May 15, 2025

The stablecoin itself is backed 1:1 with US dollars and cash-equivalent reserves, giving it the kind of reliability that’s key for real-world financial use. It’s built for real financial use—ideal for payments, global transfers, off-ramps, and as trading collateral. With this addition, Banxa is giving more businesses and users access to a regulated, enterprise-ready stablecoin.

More importantly, the integration goes beyond just buying and selling. Banxa’s network of partners—including wallets, exchanges, and dApps—can now plug RLUSD into their services. That means more liquidity, better accessibility, and smoother transactions across different countries.

Holger Arians, Banxa’s CEO, said the addition aligns with Banxa’s long-term mission. “Stablecoins play a crucial role in the crypto ecosystem,” he said. “We provide stability and efficiency for users worldwide. Our integration with RLUSD aligns with our mission to bridge traditional finance with digital assets, empowering businesses and consumers alike.”

Banxa has spent the past few years positioning itself as a trusted player in crypto infrastructure. The company emphasizes regulatory compliance and smooth fiat-to-crypto conversion, especially for global businesses looking to onboard users without dealing with the technical mess that often comes with it.

Adding RLUSD also shows Banxa’s interest in helping shape the future of the stablecoin market—one that’s increasingly important as more companies look to integrate digital payments into their operations.

For users and businesses, this simply means one thing: it’s now easier and more secure to use RLUSD across different platforms, with the backing of a compliant and globally connected service.

Follow The Crypto Times on Google News to Stay Updated!
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!