OKX Lists RLUSD as Institutional Collateral, Elevating Its Status in the Stablecoin Market
OKX has listed RLUSD across 280+ trading pairs and accepted it as institutional-grade margin collateral, placing it in the same risk category as USDT and USDC. This move by OKX and Ripple could increase demand for XRP if more RLUSD is minted on the XRPL network. RLUSD currently holds only 18% of its supply on XRPL, with the majority on Ethereum.
Tickers: $XRP
Topics: Institutional Collateral OKX Ripple RLUSD Stablecoin XRP