Which venue added RLUSD on XRPL?

TLDR

Gemini added RLUSD on XRPL. This was reported as Gemini adds RLUSD support on XRPL, enabling deposits on XRPL and withdrawals on XRPL or Ethereum per a media report (Gemini listing report).

1. Ripple USD (RLUSD) appears on both XRPL and Ethereum, improving flexibility for users (Ripple USD on CoinsKid).
2. XRPL support aims for faster settlement and lower fees versus some alternatives (Gemini listing report).
3. Broader context: RLUSDs dual-chain strategy is cited as a growth driver in recent coverage (analysis piece).

Deep Dive

1. The Venue

Gemini is the venue that added RLUSD on XRPL. The report states users can deposit RLUSD on XRPL and withdraw on XRPL or Ethereum under a unified balance model, streamlining cross-chain flows (Gemini listing report).

2. Why XRPL Matters

XRPL is designed for fast, low-cost settlement. Moving RLUSD on XRPL can offer quicker, more predictable transfers in many cases compared with congested chains (Gemini listing report).

1. XRPLs speed and fee profile make it attractive for payment-style stablecoin transfers.
2. RLUSD being native on XRPL aligns with that use case, improving user experience for XRPL-based wallets and apps.

3. Multi-Chain Context

RLUSD runs on both Ethereum and XRPL. Recent analyses highlight that a dual-chain footprint can accelerate adoption by combining Ethereums liquidity with XRPL settlement speed (analysis piece).

1. Ethereum connectivity taps deep DeFi and liquidity.
2. XRPL connectivity enables fast settlement for transfers and settlement pathways.

Conclusion

Gemini is the venue that added RLUSD on XRPL, bringing a faster, lower-fee rail into a centralized exchange flow for this stablecoin. The move fits RLUSDs multi-chain strategy by pairing Ethereum liquidity with XRPL settlement benefits, which could make cross-chain transfers and payments more convenient for users who rely on XRPL.