Bitpanda, Europe’s leading crypto platform, has partnered with Ripple to make Ripple USD (RLUSD) available on its UK platform, giving UK users secure access to the US dollar backed stablecoin.
With growing demand in the UK for innovative digital assets, the addition of RLUSD expands Bitpanda’s stablecoin offering and reinforces its role as a gateway to transparent crypto products. RLUSD, a US dollar-backed stablecoin issued by Ripple, is designed to deliver price stability and accessibility for both retail and institutional users.
Ripple USD is now available for all Bitpanda users in the UK, offering a secure on-ramp to dollar-denominated digital assets. The stablecoin is fully collateralised and built to meet the evolving standards of global digital finance.
Lukas Enzersdorfer-Konrad, co-CEO of Bitpanda, said: “Stablecoins are having a huge impact on the financial world at the moment because of the possibilities they offer for innovation. They can power faster and cheaper payments and are already changing the way people send and spend money. Together with Ripple, we’re building a bridge between traditional finance and digital assets, in a way that meets the standards of both.”
This launch follows Bitpanda’s recent UK market entry and is part of its broader strategy to provide best-in-class digital asset products for a new generation of investors. With a growing range of features and the largest range of cryptoassets available in the UK market, Bitpanda continues to lead on security,trust, and product depth.