ethereum ·
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. 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. 1 after a brief halt due to one of the largest hacks in the crypto industry. As per the latest recovery update from Binance, the exchange began its second significant withdrawal restoration phase at 04:00 UTC on Nov.
Apart from RLUSD, the cryptocurrency exchange is now gradually re-enabling withdrawals for dozens of cryptocurrencies on multiple blockchain networks, including Ethereum, BNB Smart Chain, Solana, XRP Ledger, Sui, Arbitrum, Optimism, Tron and Base. For Ethereum, the list of cryptocurrencies now available for withdrawal includes Shiba Inu (SHIB), Chainlink (LINK), Worldcoin (WLD), Ondo (ONDO) and Ethena (ENA).
