RLUSD Stablecoin Expands to Four Major South Korean Exchanges

Ripple has expanded its RLUSD stablecoin listings to four major cryptocurrency exchanges in South Korea: Upbit, Bithumb, Coinone, and Korbit. This move allows for direct access to the Korean won (KRW) market, increasing RLUSD's availability to a large pool of traders and potentially enhancing liquidity.

The stablecoin is fully backed by cash and government securities, with institutional-grade infrastructure supporting minting, redemption, and real-time tracking. This expansion is part of Ripple's broader strategy to integrate RLUSD across trading, payments, and settlements globally.