Gate officially launches RLUSD: simultaneously opens four major trading pairs and initiates a series of incentive programs

Gate announced that it will launch RLUSD (Ripple USD) on June 15 at 17:00 (UTC+8). This stablecoin is a USD-pegged stablecoin launched by Ripple, and trading pairs such as BTC/RLUSD, ETH/RLUSD, XRP/RLUSD, and RLUSD/USDT will also be opened simultaneously. With the launch of this asset, users can use RLUSD in spot trading scenarios for direct exchanges with mainstream crypto assets, further expanding the application scope of stablecoins in trading.

RLUSD is a regulated enterprise-grade stablecoin designed with trust, liquidity, and compliance as core principles. It is issued by Standard Custody & Trust Company, LLC, a wholly-owned subsidiary of Ripple Labs. RLUSD is fully backed 1:1 by USD deposits, short-term U.S. Treasury securities, and other cash equivalents, and enhances transparency and compliance through monthly audits. RLUSD is designed for payment scenarios, aiming to meet the growing demand from users, developers, and institutions for a transparent, interoperable stablecoin with real-world application capabilities. Since its launch in December 2024, its market capitalization has exceeded $1.6 billion, demonstrating rapid adoption in areas such as payments, cross-border remittances, and institutional-grade DeFi. A key feature of RLUSD's design is its multi-chain architecture. It is natively deployed on both the XRP Ledger and Ethereum networks, allowing users to benefit from both ecosystems: achieving fast, low-cost transactions on XRPL and gaining composability of smart contracts on Ethereum. This multi-chain strategy ensures that RLUSD remains available in any environment chosen by developers and users, supporting large-scale real payments, on-chain liquidity, and cross-network interoperability. By combining with mainstream asset trading pairs, RLUSD is expected to play a positive role in trading depth and capital turnover efficiency.

To coincide with this launch, Gate is also launching a market incentive program with a total scale of 750,000 RLUSD, covering multiple dimensions such as trading, liquidity, and user participation. Core arrangements include a CandyDrop incentive mechanism for regular users, VIP exclusive airdrops for high-net-worth users, as well as fee reductions for withdrawals and KOL promotions. The overall incentives revolve around trading between mainstream assets like BTC, ETH, XRP, and RLUSD to guide real trading demand and enhance market activity.

In terms of mechanism design, the platform has not included trading between stablecoins in the main incentive scope to reduce the interference of non-genuine trading behaviors on market data. Additionally, through phased tasks and a tiered incentive structure, it balances the introduction of new users with the activation of existing users. Furthermore, the fee reduction for withdrawals will be opened in phases to promote asset deposits and withdrawals, thereby enhancing the flow efficiency of funds between different trades and chains.

Moreover, the RLUSD withdrawal function is expected to officially open on June 16, 2026, at 17:00 (UTC+8) (actual time subject to the status on the asset page), and will simultaneously launch a fee-free withdrawal activity for RLUSD. During the event, users can enjoy a full fee waiver for a single withdrawal of 20 RLUSD or more.

Gate continues to strengthen its support capabilities for stablecoins and multi-chain assets by introducing new types of stable assets and systematic incentive mechanisms, enhancing the depth and efficiency of the trading market. The launch of RLUSD and the concentration of incentive resources further reflect Gate's strategic layout in the stablecoin sector, as well as its long-term direction of continuously optimizing the trading ecosystem and user experience by integrating quality assets and liquidity tools. In the future, Gate will continue to expand quality assets and ecological cooperation, strengthen the linkage capabilities between trading and on-chain scenarios, and promote the continuous evolution of digital asset market infrastructure.

Disclaimer:

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