Binance lists Ripple's RLUSD with zero-fee trading pairs to boost stablecoin competition

On 21 January, Binance announced the listing of Ripple's stablecoin RLUSD and opened spot trading pairs RLUSD/USDT, RLUSD/U and XRP/RLUSD on 22 January at 08:00 UTC. The exchange introduced zero-fee trading on RLUSD/USDT and RLUSD/U, aiming to accelerate RLUSD adoption as it seeks to compete with major stablecoins while its circulating supply stands at about USD1.4 billion.