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Reading: RLUSD Listed on $711B Exchange as Saudi Prince Backs Ripple
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Mycryptopot > News > Crypto > XRP > RLUSD Listed on $711B Exchange as Saudi Prince Backs Ripple
XRP

RLUSD Listed on $711B Exchange as Saudi Prince Backs Ripple

May 30, 2025 6 Min Read
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RLUSD has been listed on Bitget, which is a significant cryptocurrency alternate with $711 billion in buying and selling quantity, and on the similar time Saudi Prince Abdulaziz bin Turki Abdulaziz Al Saud is backing Ripple by way of a $121 million funding in VivoPower’s XRP treasury technique. This RLUSD itemizing marks important progress for Ripple’s stablecoin enlargement, and it comes amid rising XRP information of institutional adoption throughout the XRP Ledger ecosystem proper now. The Saudi Arabia royal funding indicators unprecedented confidence in RLUSD and in addition XRP’s long-term potential.

We’re proud to accomplice with @Ripple to convey $RLUSD to Bitget.

RLUSD — a completely regulated, USD-backed stablecoin issued on XRPL & Ethereum — is now dwell on #BitgetSpot.

Be taught extra 👇https://t.co/6xK92rCEbA

— Bitget (@bitgetglobal) Might 29, 2025

Ripple’s RLUSD Beneficial properties Momentum with International Listings and Saudi Assist

Bitget Trade Provides RLUSD Buying and selling

Bitget formally listed RLUSD on Might 29, 2025, and it’s enabling buying and selling in each Innovation and Web3 zones. The RLUSD itemizing gives USDT buying and selling pairs for institutional and in addition retail customers. This represents RLUSD’s fourth centralized alternate itemizing in 2025, which is kind of important.

Gracy Chen, CEO of Bitget, had this to say:

“We’re excited to accomplice with Ripple, a workforce that has constantly pushed ahead the adoption of crypto. RLUSD stands out as one of many few stablecoins issued by a NYDFS-chartered restricted objective belief firm, putting it in a uniquely clear regulatory framework.”

On the time of writing, the market capitalization of RLUSD is $309 million and buying and selling quantity is 61% increased than earlier than. At present, the RLUSD stablecoin is the twelfth largest by market cap out of all stablecoins. Ripple CEO Brad Garlinghouse beforehand outlined that RLUSD targets enterprise use, a objective strengthened by the newest developments.

Saudi Arabia Prince Leads an XRP Funding

Bear in mind the Saudi royal household, Prince & XRP?

One thing Versan & I discussed a number of instances for years.

Nicely, Prince Abdulaziz led a $121M funding to remodel VivoPower, a public firm, into the primary XRP-focused digital asset agency. They’ve formally introduced their…

— Vandell | Black Swan Capitalist (@vandell33) Might 29, 2025

Prince Abdulaziz bin Turki Abdulaziz Al Saud led VivoPower’s $121 million non-public placement, and this establishes the primary publicly traded XRP-focused treasury technique. The Saudi Arabia royal dedicated $100 million, which represents 80% of whole funding for XRP accumulation. This RLUSD and XRP information demonstrates rising institutional confidence in Ripple’s ecosystem on the time of writing.

Prince Abdulaziz bin Turki Abdulaziz Al Saud acknowledged:

“We now have been buyers within the digital asset sector for a decade and have been long-term holders of XRP. After reviewing quite a few listed automobiles searching for to embrace a digital asset treasury mannequin, we chosen VivoPower given its strategic concentrate on XRP and its goal to contribute to constructing out of the XRPL ecosystem.”

The Prince additionally talked about:

“Having met with President Trump and his management group throughout their current go to to Saudi Arabia, we consider the timing is suitable for digital property and blockchain expertise to be rolled out within the Kingdom and we’re delighted to be helping VivoPower on this regard.”

Former Ripple Government Strengthens an XRP Technique

Adam Traidman, who’s a former Ripple board member and in addition SBI Ripple Asia CEO, joined VivoPower as Chairman of Board of Advisors. Traidman’s involvement provides important credibility to the RLUSD and XRP Ledger improvement technique proper now. His participation indicators confidence in Ripple’s long-term imaginative and prescient, and it brings trade experience.

Adam Traidman stated:

“Having been concerned with Ripple since its adolescence, I’ve seen the energy and flexibility of the XRPL ecosystem. VivoPower’s initiative to change into the primary publicly listed firm with an XRP-centric treasury technique is a forward-thinking transfer that displays rising institutional conviction in real-world blockchain functions.”

VivoPower Government Chairman Kevin Chin had this to say:

“We’re extremely privileged to have His Royal Highness, Prince Abdulaziz bin Turki Abdulaziz Al Saud of Saudi Arabia main this transformational capital elevating.”

The RLUSD itemizing on Bitget mixed with Saudi Arabia’s institutional backing by way of VivoPower represents a pivotal second for Ripple’s ecosystem proper now. Actual XRP information! These developments place RLUSD for accelerated adoption and in addition show XRP’s rising acceptance amongst conventional buyers. The XRP Ledger ecosystem continues increasing as extra establishments acknowledge its potential for cross-border funds and in addition decentralized finance functions on the time of writing.

Contents
Ripple’s RLUSD Beneficial properties Momentum with International Listings and Saudi AssistBitget Trade Provides RLUSD Buying and sellingSaudi Arabia Prince Leads an XRP FundingFormer Ripple Government Strengthens an XRP Technique

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TAGGED:BitgetRippleripple price predictionripple xrpRLUSD StablecoinSaudi ArabiaXRP
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Reading: RLUSD Listed on $711B Exchange as Saudi Prince Backs Ripple
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