Ripple USD (RLUSD), the stablecoin issued by Ripple Labs, was listed on Ripio, an Argentine bitcoin (BTC) and cryptocurrency exchange.
The stablecoin can be purchased with Argentine pesos through local deposits, as bank transfers or through Mercado Pago.
At the time of publication of this note, the Ripple asset is trading around 1,511 pesos, according to the price visible on the platform:
How to buy RLUSD in Ripio?
To buy RLUSD in Ripio, the user must follow these steps:
- Register and activate the account in Ripio.
- Create an account on Ripio and complete verification to trade.
- Load balance to get started.
- Deposit pesos by transfer.
- Enter the market and search for RLUSD. Once there, make the purchase.
The arrival of RLUSD to an Argentine exchange adds a new alternative for those seeking exposure to a stablecoin pegged to the dollar.
As NoticiasVE has reported, RLUSD is a digital currency designed to maintain 1:1 parity with the United States dollar. Its backing is made up of dollar deposits and Treasury bonds.with monthly certifications aimed at making the status of your reserves transparent.
In terms of infrastructure, RLUSD is compatible with XRP Ledger and Ethereum. However, In Ripio, trading is only enabled through Ethereum.
