Ripple USD

RLUSD Price

About Ripple USD (RLUSD)

Ripple USD (RLUSD) is a regulated, US dollar-backed stablecoin issued by Ripple Labs, designed for cross-border payments and institutional liquidity.

• Each RLUSD token is backed 1:1 by a segregated reserve of cash deposits, US Treasuries, and cash equivalents.
• The asset is natively issued on the XRP Ledger and Ethereum blockchains to facilitate broad accessibility across multiple ecosystems.
• Ripple maintains regulatory compliance through oversight by the New York State Department of Financial Services (NYDFS) and the Dubai Financial Services Authority (DFSA).

What Is Ripple USD

Ripple USD (RLUSD) is a digital representation of the US dollar that combines the stability of fiat currency with the efficiency of blockchain technology. It serves as an enterprise-grade solution for financial institutions, payment service providers, and enterprises seeking a trusted medium for value transfer.

The token functions as a liquid bridge between traditional finance and digital assets, allowing users to hold and move value on-chain without the price volatility typical of cryptocurrencies. Value moves through the system as institutions mint RLUSD by depositing fiat into reserves and burn the tokens upon redemption for the underlying assets.

Users utilize the token primarily as a settlement asset for international remittances, a trading pair on centralized exchanges, or a foundational asset for treasury management. As the ecosystem grows, RLUSD scales by providing a compliant and transparent alternative to existing stablecoins, leveraging Ripple's decade-long experience in global finance.

What Makes Ripple USD Unique

• Regulatory First Approach: Issued through a limited purpose trust chartered by the NYDFS, ensuring high standards of oversight and consumer protection.
• Multi-Chain Interoperability: Native issuance on both the XRP Ledger and Ethereum allows for seamless integration into diverse decentralized applications and payment rails.
• Institutional-Grade Reserves: Reserves are held in segregated accounts at depository institutions like BNY Mellon and are subject to monthly third-party attestations.
• Strategic Payment Focus: Unlike general-purpose stablecoins, RLUSD is purpose-built for the Ripple Payments ecosystem to optimize cross-border settlement and liquidity.

What Can You Use Ripple USD for?

Ripple USD is pegged to the US Dollar.

1. Value retention: The asset allows users to hold a digital representation of the US Dollar on-chain, providing a stable store of value that reduces exposure to crypto-market volatility.
2. Yield generation: The source does not specify native yield options or decentralized lending opportunities for RLUSD at this time.
3. Cross-border settlement / value transfer: RLUSD is designed for international remittances and global trade, enabling near-instant cross-border transfer of US Dollar value with minimal fees.
4. Collateralization: RLUSD is used as a settlement asset for derivatives markets and as a foundational trading pair, though the source does not detail specific borrowing/lending protocol integrations.

How Does Ripple USD Work?

Ripple USD operates as a fiat-backed stablecoin where every token in circulation is matched by an equivalent value in a segregated reserve. The issuance process involves a regulated entity—Standard Custody & Trust Company—accepting fiat deposits and minting the corresponding amount of RLUSD on the XRP Ledger or Ethereum.

The technical mechanism relies on smart contracts (on Ethereum) and the native token functionality of the XRP Ledger to manage minting, burning, and transfers. This structure ensures that the total supply always corresponds to the verified assets held in custody.

Transaction fees for moving RLUSD depend on the underlying network; users pay network fees in XRP on the XRP Ledger or ETH on Ethereum. RLUSD itself does not serve as a gas token for these blockchains.

Team Info and Investors

Ripple USD is a product of Ripple Labs, a prominent blockchain solutions provider led by CEO Brad Garlinghouse and President Monica Long. The stablecoin is issued by Standard Custody & Trust Company, LLC, which is a wholly owned subsidiary of Ripple.

While specific venture funding rounds for the RLUSD project are not detailed separately from Ripple's corporate history, the project is backed by Ripple's extensive global license portfolio and established relationships with financial institutions. An advisory board including former FDIC Chair Sheila Bair and former SEC Commissioner Mary Jo White provides strategic guidance on regulatory compliance.

Where can you buy Ripple USD?

RLUSD tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Ripple USD is Binance, where the most active trading pair RLUSD/USDT has a trading volume of $27,790,193.89 in the last 24 hours. Other popular options include Kraken and Gate.

What is the daily trading volume of Ripple USD (RLUSD)?

The trading volume of Ripple USD (RLUSD) is $134,190,724.91 in the last 24 hours, representing a 24.20% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Ripple USD (RLUSD)?

Ripple USD (RLUSD) reached an all-time high of $1.07 and an all-time low of $0.9623. It’s now trading -6.80% below that peak and 3.90% above its lowest price.

What is the market cap of Ripple USD (RLUSD)?

Market capitalization of Ripple USD (RLUSD) is $1,575,992,959 and is ranked #47 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of RLUSD tokens (1.6 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Ripple USD (RLUSD)?

The fully diluted valuation (FDV) of Ripple USD (RLUSD) is $1,575,992,959. This is a statistical representation of the maximum market cap, assuming total number of 1.6 Billion ETH tokens are in circulation today.

How does the price performance of Ripple USD compare against its peers?

With a price decline of 0.00% in the last 7 days, Ripple USD (RLUSD) is outperforming the global cryptocurrency market which is down -5.10%, while outperforming when compared to similar Stablecoins cryptocurrencies which are down -0.40%.