RLUSD Expands to Korea's Major Exchanges
Ripple's US dollar-pegged stablecoin RLUSD is now available for trading on four major Korean exchanges, including Upbit and Bithumb.
This move follows the launch of RLUSD on SBI VC Trade in Japan on June 24, which marked the first domestic handling of the coin.
The RLUSD stablecoin is issued by Standard Custody and Trust Company, a subsidiary of Ripple, and utilizes the XRP Ledger (XRPL) as its underlying network for settlement.