Gemini cryptocurrency exchange has introduced the trading of Ripple's stablecoin RLUSD on its platform, allowing users to trade, deposit, and withdraw the cryptocurrency. This move is a noteworthy development in the global acceptance of RLUSD and has led to a notable surge in its trading volume, which has climbed by 63.7%.

Gemini's announcement about the availability of RLUSD for trading, deposits, and withdrawals was shared on their official social media account. The addition of RLUSD to Gemini aligns the exchange with other major platforms that also support trading of the stablecoin. Notably, following the listing on Gemini, RLUSD's trading volume soared to more than $52 million in a 24-hour period, marking a substantial increase according to CoinGecko data.

Despite being relatively new, RLUSD has shown significant growth since its launch. Its market capitalization has increased by 338.6% since the beginning of 2025, amounting to $317 million at present. Market analysts express positivity about the potential of RLUSD, citing factors like its backing and integration with Ripple Payments as well as the support it has received from various exchanges.

The stablecoin market, including RLUSD, is anticipated to witness substantial expansion in the coming years. Projections suggest a significant rise in market capitalization, driven by an increasing demand for stablecoins in various sectors. These developments are expected to further drive the integration and utilization of RLUSD, positioning it for continued success in the stablecoin market.