Ripple’s stablecoin, which has amassed a market cap of over $1.5 billion in a year and a half after its launch, has received a notable adoption push from one of the largest cryptocurrency exchanges, OKX.

The official statement from both parties informed that the addition of RLUSD to eligible markets on OKX will “significantly” expand the underlying asset’s global access, liquidity, and trading utility.

“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,” commented Ripple’s SVP of Stablecoins, Jack McDonald.

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