Ripple and OKX Partner to Expand RLUSD Access Worldwide

Highlights:

• Ripple and OKX partnership brings RLUSD to more global traders and institutions.
• OKX users can trade RLUSD across over 280 pairs and selected derivatives.
• The deal may improve RLUSD liquidity and support wider stablecoin adoption.

Ripple and OKX have announced a major strategic partnership to expand access to Ripple’s stablecoin, RLUSD, on one of the world’s largest crypto trading platforms. The announcement made on Wednesday marks a significant step in making RLUSD available to a broader global audience.

RLUSD is now live on OKX for spot trading across more than 280 trading pairs, including the XRP/RLUSD pair. Traders can also use RLUSD as collateral for derivatives trading, including perpetual futures, in select markets. Deposits and withdrawals are supported through the XRP Ledger, which makes the process fast and direct.

$RLUSD is now on @OKX, one of the world's leading exchanges.

Starting today, users can trade across 280+ RLUSD pairs, use $RLUSD as collateral, and access full XRPL deposit and withdrawal support.

We sat down with @jasonklau to discuss what this milestone means for stablecoin… pic.twitter.com/ApQVmEwfMe

— Ripple (@Ripple) April 29, 2026

How OKX Makes RLUSD More Useful

OKX serves more than 120 million users worldwide and holds regulatory licenses in the U.S., the UAE, Europe, Singapore, and Australia. Its size and reach make it a powerful distribution partner for RLUSD.

One of the main features of this partnership is OKX’s Unified Order Book. On many trading platforms, liquidity is spread across different pools for each trading pair. This can complicate large trades. OKX’s Unified Order Book combines all eligible trading pairs into one pool, making it easier to trade at better prices with less hassle.

With this setup, users can trade RLUSD and use it to secure positions in both spot and derivatives markets without moving funds between platforms. Jack McDonald, SVP of Stablecoins at Ripple, said, “As RLUSD adoption accelerates, we’re seeing strong demand across both crypto-native and institutional markets, particularly for high-quality collateral.” 

“Partnering with OKX gives users more ways to deploy capital efficiently across spot and derivatives, while deepening RLUSD liquidity on one of the world’s largest trading platforms,” Jack McDonald added.

The partnership also links RLUSD with Ripple Prime, Ripple’s institutional prime brokerage. This offers institutional traders an additional avenue to handle stablecoin liquidity in OKX’s trading environment.

Ripple issued RLUSD two years ago, and its market cap is now more than $1.5 billion, according to CoinMarketCap data. RLUSD is an enterprise-grade, regulatory-compliant stablecoin, according to Ripple. It is backed by assets including U.S. dollar deposits, short-term U.S. Treasury securities, and cash equivalents.

Users can mint or redeem RLUSD 1:1 for real dollars. The token runs natively on both the XRP Ledger and Ethereum blockchains, giving developers and traders flexible options for building and moving value.

Stablecoins Remain Key for Crypto Markets

Stablecoins are an important component of the cryptocurrency ecosystem. They are widely used for transactions, hedging, and other trades, without leaving the cryptocurrency markets. At the time of writing, the stablecoin market is worth about $322 billion.

For Ripple, the partnership with OKX expands RLUSD’s presence on the global market. For OKX, the partnership is another offering of a regulated dollar-pegged stablecoin to fuel growth in stablecoin trading.