Ripple

San Francisco, United States · Founded 2012 · CEO: Brad Garlinghouse · Private

Ripple Labs, Inc. is a private company known for its main stablecoin, Ripple USD (RLUSD), used for payments and regulated by the NYDFS.

Products

RLUSD active $1.5B
Ripple USD
Fiat Backed

Ripple USD (RLUSD) is a U.S. dollar-backed stablecoin by Ripple, designed for institutional payments and on-chain liquidity.

Overview

Ripple Labs, Inc., founded in 2012, is a private company headquartered in San Francisco, United States. It is led by CEO Brad Garlinghouse and was founded by Chris Larsen and Jed McCaleb.

Regulatory Status

Ripple holds over 40 money transmitter licenses across the United States and is chartered as a limited-purpose trust company by the NYDFS.

Key Products

Ripple's main stablecoin product is Ripple USD (RLUSD), which is used for payments and other applications within the digital assets ecosystem.