Which exchange added RLUSD on XRPL?

TLDR

Gemini added Ripple USD (RLUSD) support on the XRP Ledger (XRPL), enabling deposits on XRPL and withdrawals on XRPL or Ethereum per the exchanges update reported by Coingape.

1. The integration aims at faster, low-fee transfers across XRPL and Ethereum with a single RLUSD balance, per Coingape.
2. It aligns with Ripples multichain strategy to expand RLUSD utility across networks, as covered by Cointelegraph.

Deep Dive

1. Gemini Integration

Gemini added RLUSD support on XRPL, allowing users to deposit RLUSD on XRPL and withdraw on XRPL or Ethereum from a unified balance.

• The move targets faster settlement and lower fees inherent to XRPL while simplifying cross-chain handling, per Coingape.
• Availability may vary by region, consistent with exchange rollout practices highlighted in the report above.

2. Why It Matters

The addition fits Ripples push to make RLUSD natively usable across multiple chains and real-world payment flows.

• Ripples multichain plan for RLUSD, including L2 pilots via Wormholes NTT standard, underscores utility expansion and compliance-first design, per Cointelegraph.
• Recent pilots using RLUSD on XRPL for card settlement illustrate how exchanges and payment networks are converging on faster settlement paths, noted in U.Today coverage.

Conclusion

Gemini is the exchange that added RLUSD support on XRPL, advancing RLUSDs practical utility across chains. This complements Ripples broader multichain and payments strategy, aiming to make regulated stablecoin settlement faster and simpler across XRPL and Ethereum.