Bybit Adds Ripple’s RLUSD Stablecoin Following BlackRock and VanEck Integration 

Bybit, a cryptocurrency exchange, has announced the listing of Ripple’s RLUSD stablecoin, shortly after it was added to BlackRock and VanEck’s tokenized funds, showing its growing use.

The listing introduces multiple trading pairs for the stablecoin against USDT, Bitcoin, Ethereum, XRP, and MNT. While this expands opportunities for traders and investors, access to these pairs depends on local regulations.

Following the listing, Bybits joins platforms such as Bullish, Uphold, Bitstamp, Moonpay, CoinMENA, ArchaxEx, and Bitso, which already support RLUSD.

The exchange now supports RLUSD on both Ethereum and the XRP Ledger, the only two networks that offer native support for the stablecoin.

XRPL validator Vet welcomed the update and noted the new deposit and withdrawal integration, while the community member Chad Steingraber predicted that more exchanges will soon follow Bybit’s lead.

Although the top crypto exchanges, such as Binance, Coinbase, and Robinhood, have yet to list the RLUSD, the stablecoin’s adoption continues to grow, ranking as the 94th largest cryptocurrency with a market capitalization of $741 million.

RLUSD Gains Adoption in Tokenized Funds and Real Estate

RLUSD was launched in early 2025 as a stablecoin for enterprise use, and it has been approved by some regulators for asset tokenization, including approval from Dubai’s financial regulator for use in the Dubai Land Department’s real estate tokenization project.

Jack McDonald, the Senior Vice President of Stablecoins at Ripple, said that RLUSD is designed for large companies as it keeps a steady value, fully backed by U.S. dollar assets and is issued under a license from New York’s financial regulator, showing it is well-regulated and trustworthy.

The integration of RLUSD into BlackRock and VanEck’s tokenized funds underscores its growing adoption, with Securitize reporting that tokenized real-world assets (RWAs) have reached about $4 billion.