Binance, the largest crypto exchange, has listed Ripple's RLUSD stablecoin, opening spot trading pairs including RLUSD/USDT, RLUSD/U, and XRP/RLUSD. Trading on RLUSD/USDT and RLUSD/U pairs will have zero fees initially. Experts suggest this move could significantly boost RLUSD's market position. Binance's influence can alter market value routing, potentially propelling RLUSD into the top three stablecoins. The exchange is subsidizing adoption by waiving fees, which has historically shifted market share on centralized exchanges. Zero-fee stablecoin pairs can redirect trades, as seen with USDC's surge in market share after being relisted on Binance. For RLUSD to succeed, it needs both routing adoption, driven by tighter spreads and deeper order books, and balance-sheet adoption, where RLUSD is held as collateral and in DeFi markets.

Binance, the largest crypto exchange, has listed Ripple's RLUSD stablecoin, opening spot trading pairs including RLUSD/USDT, RLUSD/U, and XRP/RLUSD. Trading on RLUSD/USDT and RLUSD/U pairs will have zero fees initially. Experts suggest this move could significantly boost RLUSD's market position. Binance's influence can alter market value routing, potentially propelling RLUSD into the top three stablecoins. The exchange is subsidizing adoption by waiving fees, which has historically shifted market share on centralized exchanges. Zero-fee stablecoin pairs can redirect trades, as seen with USDC's surge in market share after being relisted on Binance. For RLUSD to succeed, it needs both routing adoption, driven by tighter spreads and deeper order books, and balance-sheet adoption, where RLUSD is held as collateral and in DeFi markets.