San Francisco-based payments company Ripple Labs announces the initial exchange partners for its upcoming USD-pegged stablecoin RLUSD. 

Ripple announced the development today at the opening session of its annual conference, Ripple Swell 2024. The partners include MoonPay, Bitso, Bitstamp, Uphold, Independent Reserve, Bullish, and CoinMENA. 

The leading payments company confirmed the development in an X post today, noting that users and institutions of these exchanges can gain access to the stablecoin once the token receives the necessary approval from the New York Department of Financial Services (NYDFS).

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