In conjunction with the publication of its reserves report, Ripple USD (RLUSD) is listed on the high-leverage trading platform Margex.
On Wednesday, Ripple’s RLUSD stablecoin was listed on another cryptocurrency trading platform. Margex, a high-leverage crypto exchange, now supports RLUSD and other stablecoins to give users access to reliable and efficient trading solutions. In the interim, the crypto colossus disclosed the Ripple USD stablecoin reserves report.
Ripple’s RLUSD is now listed on the Margex Crypto Exchange
According to a press release issued on January 29, Margex, a cryptocurrency trading platform, has announced the inclusion of the RLUSD stablecoin in its stablecoin offerings. According to the exchange, it will serve as collateral for trading cryptocurrency pairings.
Users can now utilize RLUSD in conjunction with other stablecoin offerings, such as USDT, to guarantee the reliability and efficiency of crypto trading. Additionally, including Ripple USD on its platform will facilitate the rapid and secure transfer of funds across international borders. The Ripple stablecoin, regulated by the New York Department of Financial Services (NYDFS), is a reliable option for trading crypto assets and making payments. It provides users with secure and affordable alternatives. Intriguingly, it can be employed as a hedge against market fluctuations.
Margex Integration TradingView Charting Tool
Margex also disclosed the integration of TradingView’s Charting Tool. This will provide users over 100 technical indicators, 110 drawing tools, and 17 chart varieties.
The platform has also implemented an immediate withdrawal and deposit option for Dogecoin (DOGE). Kaspa (KAS) and Toncoin (TON) are the platform’s immediate withdrawal and deposit options.
Crypto exchanges that supported RLUSD
Ripple’s regulated stablecoin, RLUSD, is listed on crypto platforms, including Bitstamp, Uphold, Bullish, Independent Reserve, Moonpay, Bitso, and Coinmena.
The company is obtaining a listing on prominent cryptocurrency exchanges, including Binance, Coinbase, and Bybit. In 2025, Ripple executives CEO Brad Garlinghouse and President Monica Long anticipate a substantial surge in demand for their stablecoin.
USD Reserve Report for Ripple
At the time of publication, the RLUSD stablecoin is still pegged to the US dollar at a 1:1 ratio. It is secured by a collateralized mechanism that comprises government bonds, currency equivalents, and dollar deposits.
Standard Custody & Trust Company published the December RLUSD reserves report, prepared by accounting firm BPM. The reserves have a total market value of $83.21 million as of December 31. It possesses $30 million in US treasury bills, $30.11 million in government money-market funds, and $22.97 million in currency deposits, with an accrued interest of $20,912.
