Ripple USD (RLUSD) is a U.S. dollar-backed stablecoin issued by Ripple, providing stability and utility within the digital asset ecosystem.
Key Data
| Backing | U.S. dollar deposits, short-term U.S. government treasuries, and other cash equivalents. |
| Auditor | An independent Certified Public Accountant (CPA) licensed in the United States. |
| Reserve Reporting | Monthly reserve reports are published, typically available within 30 days after the end of each month. |
| Redemption | RLUSD is redeemable on a 1:1 basis for U.S. dollars. |
| KYC Required | Yes |
| Peg Currency | USD |
| Launched | 2024 |
Supported Networks
Cross-Chain Supply (DefiLlama · $1.4B total)
Use Cases
Ripple USD (RLUSD) is a stablecoin launched by Ripple, fully backed by U.S. dollar deposits and other cash equivalents, ensuring stability and transparency.
RLUSD is redeemable on a 1:1 basis for U.S. dollars and is available on both the XRP Ledger and Ethereum blockchains.
Each RLUSD token is backed by U.S. dollar deposits, short-term U.S. government treasuries, and other cash equivalents, with monthly attestations by an independent CPA.
Recent Activity
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Other USD Stablecoins
Profile compiled from issuer disclosures, regulatory filings, press releases, and financial media. Market and on-chain data sourced directly or via third-party providers. See methodology.