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April 3, 2026 at 01:29 AM

Coinone Korea Lists Ripple's RLUSD, Opens KRW Trading.

Coinone Korea Lists Ripple's RLUSD, Opens KRW Trading.

Ripple's new stablecoin, RLUSD, has launched on South Korean exchange Coinone, enabling direct trading against the Korean Won. This listing provides local users a direct route to the dollar-pegged asset, which Ripple states is fully reserved and issued on XRP Ledger and Ethereum. Coinone opened trading on March 24, 2026, setting a KRW 1,486 reference price and supporting the XRP Ledger network for deposits and withdrawals. While this move expands access, its long-term success will hinge on sustained liquidity and user adoption.

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