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Upbit adds Ripple USD trading pairs with won, Bitcoin, and Tether, supporting only XRP Ledger deposits.

Market News
28 Jul 2026, 08:58 WIB
Crypto news
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Bullish
Upbit adds Ripple USD trading pairs with won, Bitcoin, and Tether, supporting only XRP Ledger deposits.

South Korean crypto exchange Upbit began trading Ripple USD (RLUSD) against the Korean won, Bitcoin, and Tether on July 28, 2026. Deposits and withdrawals are supported exclusively on the XRP Ledger, requiring destination tags for proper crediting. This listing expands RLUSD's availability in South Korea, a market with strong XRP retail activity, complementing existing support on Coinone. Upbit implemented initial trading restrictions to ensure liquidity and compliance with regulatory rules, with no Ethereum-based RLUSD support announced. The move provides Korean traders direct access to RLUSD, potentially enhancing price discovery between local and global stablecoin markets.

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