Binance Restores Withdrawals for Ripple's RLUSD Stablecoin

Cryptocurrency exchange Binance has fully enabled withdrawals for Ripple’s RLUSD stablecoin on the Ethereum network. This move is part of the exchange's gradual service recovery process after the massive $6.3 billion hack. On Nov. 3, the exchange released an update on the next stage of its withdrawal restoration plan, with a new list of cryptocurrencies available for withdrawal. Interestingly, the new list of assets includes Ripple’s US dollar-backed stablecoin RLUSD and a number of other stablecoins. This announcement follows Binance’s gradual restoration of withdrawals, which began on Nov.