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Ripple's RLUSD Lists on Coinone, Enabling KRW Trading in South Korea
Ripple said on April 1 that its dollar-pegged stablecoin RLUSD is now available on Coinone, giving South Korean users direct access via KRW markets. Coinone had announced on March 24 that it added RLUSD trading on the XRP Ledger with a reference price of 1,486 won, alongside compliance and user-protection requirements. RLUSD is positioned as a fully reserved, 1:1 USD-pegged stablecoin, and the article notes a market cap of over $1.3 billion at the time of writing.