We are pleased to announce that RLUSD is now available for trading on Kraken!
Funds and trading
RLUSD transactions will be made public at 16:00 UTC on April 2, 2025.
To add assets to your Kraken account, go to Funding, select the subsequent assets, and press “Deposit”.
Please deposit your token into a network supported by Kraken. Deposits made using other networks will be lost.
Below is more information about these assets:
Ripple USD (RLUSD)
RLUSD is Ripple’s USD-supported Stablecoin, issued natively on the XRP ledger and the Ethereum blockchain. This is fully reserved by the cash and cash equivalent reserve and is redeemable at 1:1 USD. Designed for enterprise grade use, RLUSD is ideal for financial use cases such as payment, ramping on/off ramping, and transaction collateral.
please note:
- Transactions via the Kraken app and instant purchases will become available once liquidity conditions are met (When a sufficient number of buyers and sellers enter the market so that orders match efficiently).
- Geographical restrictions may apply
Will Kraken make more assets available?
yes! However, our policy is not to reveal any details until shortly before launch. All available tokens for Kraken are here and all future tokens will be announced on our list roadmap and social media profile. Our client engagement specialists are unable to answer questions about which assets will be available in the future.
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