Ripple USD (RLUSD) Gets Listed on Major European Exchange

Bitstamp, the leading European cryptocurrency exchange, has listed Ripple's $RLUSD stablecoin, according to a Wednesday announcement.

The exchange has added a total of six trading pairs with the stablecoin product ($RLUSD/EUR, $RLUSD/USDT, $RLUSD/USD, $RLUSD/BTC, $RLUSD/ETH, and $RLUSD/$XRP).

As reported by U.Today, Monica Long, Ripple's president, recently said that the company would announce more listings in the near future.

According to data provided by CoinGecko, the stablecoin boasts a market cap of $73 million.

The $XRP/$RLUSD pair on the Bullish exchange accounts for more than 36% of the stablecoin's total trading volume.