The post Bitget to Suspend RLUSD Withdrawals on XRP Ledger appeared on BitcoinEthereumNews.com. Bitget, the largest Universal Exchange (UEX) globally, has suspendedThe post Bitget to Suspend RLUSD Withdrawals on XRP Ledger appeared on BitcoinEthereumNews.com. Bitget, the largest Universal Exchange (UEX) globally, has suspended

Bitget to Suspend RLUSD Withdrawals on XRP Ledger

Bitget, the largest Universal Exchange (UEX) globally, has suspended the withdrawal function for Ripple’s USD stablecoin (RLUSD). In an announcement shared by Bitget support center, the platform explained that the suspension of withdrawals of RLUD on the XRP Ledger was a temporary move.

Is Bitget wallet upgrade aimed at security optimization?

According to Bitget, the suspension, which takes effect on Feb. 26, 2026, at 11:20 a.m (UTC +8) is to allow for wallet maintenance. Bitget did not state how long this maintenance would last. However, throughout the duration, users of the exchange will not be able to make withdrawals on RLUSD.

The Bitget support center apologized to users of Ripple’s USD stablecoin on its platform for any inconvenience they might experience as a result of the wallet maintenance.  

During this period of wallet maintenance, Bitget is likely to engage in a series of technical, security and operational upgrades to ensure the safety of users’ funds. The procedure might involve a software update at the backend by developers to guarantee up-to-date functionality.

It is the usual practice to suspend deposits and withdrawals for certain crypto assets. In the case of Bitget, it has only suspended withdrawals for RLUSD. It remained silent on whether users could make deposits while wallet maintenance is ongoing.

Generally, if a user deposits during this period, it will not be reflected immediately. After the wallet maintenance process is complete, the user will be credited.

You Might Also Like

Since Bitget is not sure how long the process will take, it has assured users that a separate announcement will be made once the reopening date has been determined.

Bitget’s broader security push and AI rollout

The exchange has also cautioned users to be wary of malicious actors during this period, as hackers might want to send phishing emails to exploit unsuspecting users. It urged users to only rely on official channels to get the latest update on the situation.

This cautionary note is vital to protecting users, given that scammers could send mail asking users to click on a link, possibly claiming to help reactivate their account.

Bitget has always been keen on protecting its users’ assets. Earlier in February, Bitget collaborated with BlockSec, a blockchain security firm, to unveil a new security standard. The goal is to protect multi-asset trading across a unified trading environment.

Exchanges are known to innovate in order to serve their users. Binance also teased a pause on the Ethereum network to complete scheduled maintenance.

Source: https://u.today/bitget-to-suspend-rlusd-withdrawals-on-xrp-ledger

Market Opportunity
Notcoin Logo
Notcoin Price(NOT)
$0.0003749
$0.0003749$0.0003749
-0.39%
USD
Notcoin (NOT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

eBay slashes 800 jobs despite strong revenue and $1.2 billion Depop acquisition

eBay slashes 800 jobs despite strong revenue and $1.2 billion Depop acquisition

eBay, the e-commerce giant that pioneered online auctions and marketplace selling, is cutting 800 jobs, about 6% of… The post eBay slashes 800 jobs despite strong
Share
Technext2026/02/27 01:18
Altcoins Poised to Benefit from SEC’s New ETF Listing Standards

Altcoins Poised to Benefit from SEC’s New ETF Listing Standards

The post Altcoins Poised to Benefit from SEC’s New ETF Listing Standards appeared on BitcoinEthereumNews.com. On Wednesday, the US SEC (Securities and Exchange Commission) took a landmark step in crypto regulation, approving generic listing standards for spot crypto ETFs (exchange-traded funds). This new framework eliminates the case-by-case 19b-4 approval process, streamlining the path for multiple digital asset ETFs to enter the market in the coming weeks. Grayscale’s Multi-Crypto Milestone Sponsored Grayscale secured a first-mover advantage as its Digital Large Cap Fund (GDLC) received approval under the new listing standards. Products that will be traded under the ticker GDLC include Bitcoin, Ethereum, XRP, Solana, and Cardano. “Grayscale Digital Large Cap Fund $GDLC was just approved for trading along with the Generic Listing Standards. The Grayscale team is working expeditiously to bring the FIRST multi-crypto asset ETP to market with Bitcoin, Ethereum, XRP, Solana, and Cardano,” wrote Grayscale CEO Peter Mintzberg. The approval marks the US’s first diversified, multi-crypto ETP, signaling a shift toward broader portfolio products rather than single-asset ETFs. Bloomberg’s Eric Balchunas explained that around 12–15 cryptocurrencies now qualify for spot ETF consideration. However, this is contingent on the altcoins having established futures trading on Coinbase Derivatives for at least six months. Sponsored This includes well-known altcoins like Dogecoin (DOGE), Litecoin (LTC), and Chainlink (LINK), alongside the majors already included in Grayscale’s GDLC. Altcoins in the Spotlight Amid New Era of ETF Eligibility Several assets have already met the key condition, regulated futures trading on Coinbase. For example, Solana futures launched in February 2024, making the token eligible as of August 19. “The SEC approved generic ETF listing standards. Assets with a regulated futures contract trading for 6 months qualify for a spot ETF. Solana met this criterion on Aug 19, 6 months after SOL futures launched on Coinbase Derivatives,” SolanaFloor indicated. Sponsored Crypto investors and communities also identified which tokens stand to gain. Chainlink…
Share
BitcoinEthereumNews2025/09/18 13:46
ZachXBT exposes group of alleged Axiom insider traders

ZachXBT exposes group of alleged Axiom insider traders

The post ZachXBT exposes group of alleged Axiom insider traders appeared on BitcoinEthereumNews.com. Crypto investigator ZachXBT detailed the results of a recent
Share
BitcoinEthereumNews2026/02/27 01:23