Gate Lists Ripple-backed RLUSD with BTC, ETH and XRP Pairs

Gate listed RLUSD on June 15, 2026 at 09:00 UTC and opened BTC/RLUSD, ETH/RLUSD, XRP/RLUSD and RLUSD/USDT spot trading pairs on its exchange. The platform launched a market incentive program totaling 750,000 RLUSD to accompany the listing.

The incentive program covers trading, liquidity and user participation. Retail users will receive CandyDrop rewards, high-net-worth users are eligible for exclusive VIP airdrops, and the platform will run promotional campaigns with key opinion leaders. Withdrawal fee reductions will roll out in stages and the program excludes stablecoin-to-stablecoin trades from core incentives to reduce non-organic volume. Rewards are structured in phased tasks and tiered levels to separate new user acquisition from deeper engagement by existing traders.

RLUSD is issued by Standard Custody & Trust Company, LLC, a wholly owned subsidiary of Ripple Labs. The stablecoin is backed one-to-one by U.S. dollar deposits, short-term U.S. Treasuries and other cash equivalents, and the issuer provides monthly attestations of reserves. RLUSD launched in December 2024 and the issuer reports a market capitalization above $1.6 billion. The token is available natively on the XRP Ledger and on Ethereum, allowing low-cost transfers on XRPL and smart-contract use on Ethereum.

Gate said the integration should improve market depth and capital turnover efficiency by enabling direct spot trading of RLUSD against Bitcoin, Ether and XRP. The exchange set a target of June 16, 2026 at 09:00 UTC to enable RLUSD withdrawals, subject to the status shown on the asset page. For the launch period, Gate announced a fee-free withdrawal promotion that waives fees on single withdrawals of 20 RLUSD or more.

Gate described the listing as part of its ongoing support for stablecoins and multi-chain assets and said it will continue to add assets and ecosystem partnerships. The exchange noted that availability of services may vary by jurisdiction and referred users to its terms and user agreement for restrictions and details.