Gemini has eliminated trading fees for the RLUSD/USD pair to boost accessibility and trading volume. This move coincides with Ripple's announcement of a $500 million investment from major global investors, elevating its valuation to $40 billion. RLUSD's market cap has also reached $1 billion, indicating increased institutional adoption. By removing fees, Gemini aims to attract more traders and holders of RLUSD, while Ripple expands its services, including acquiring GTreasury and developing collateralized lending for XRP and other digital assets.
Gemini Drops RLUSD/USD Trading Fees Amid Ripple's $40 Billion Valuation
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