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Ripple’s RLUSD Goes Live on Coinone, a Major South Korean Exchange

The listing places Ripple’s RLUSD stablecoin on Coinone, one of South Korea’s largest regulated crypto exchanges.

RLUSD

Summary

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Terms & Concepts
  • RLUSD: Ripple’s U.S. dollar-pegged stablecoin, designed to maintain a fixed value relative to the dollar.
  • Stablecoin: A cryptocurrency designed to track a stable asset, typically a fiat currency such as the U.S. dollar.
  • Exchange listing: The addition of a token or coin to a trading platform, allowing users to buy, sell, or trade it.