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Exciting news for the XRP community: Bipbitcoin.com is among the first platforms to offer Ripple USD (RLUSD), the new stablecoin issued by Ripple.*
Customers can now purchase RLUSD directly through Bipbitcoin.com using a wide range of payment methods, including debit and credit cards, Apple Pay, Google Pay, PayPal, and bank transfers.
What is RLUSD?
RLUSD is a stablecoin fully backed by dollar deposits, government bonds, and cash equivalents. To ensure complete transparency, monthly attestations conducted by BPM will be published online, verifying the stability of its asset reserves.
In addition to its robust backing, RLUSD is issued under a New York Trust Company Charter, ensuring regulatory oversight and compliance. Its advisory board includes notable figures such as former FDIC Chair Sheila Bair, former CENTRE Consortium CEO David Puth, and Ripple co-founder and Executive Chairman Chris Larsen, who will play pivotal roles in bringing RLUSD to market.
Where to buy RLUSD
You can now purchase RLUSD through Bipbitcoin.com. Simply use your credit card and provide the desired wallet address to complete your purchase.
*Please note: RLUSD is issued by Ripple subsidiary Standard Custody and is not yet available in Europe, Canada, New York, or the Virgin Islands.