RLUSD
Ripple USD
active
Fiat Backed
Market Cap $1.5B
Ripple USD (RLUSD) is a U.S. dollar-backed stablecoin by Ripple, designed for institutional payments and on-chain liquidity.
Key Data
| Backing | U.S. dollar deposits, U.S. government bonds, and cash equivalents |
| Auditor | An independent Certified Public Accountant (CPA) licensed in the United States |
| Reserve Reporting | Monthly third-party attestations |
| Redemption | Redeemable for U.S. dollars, with reserves held in highly liquid, short-term assets |
| Peg Currency | USD |
| Launched | 2024 |
Supported Networks
EthereumXRP LedgerBaseOptimism
Overview
Ripple USD (RLUSD) is a stablecoin issued by Ripple, backed by U.S. dollar deposits, government bonds, and cash equivalents.
How It Works
RLUSD provides stability and utility for institutional payments and on-chain liquidity, with reserves held in segregated accounts.
Reserve Backing
Each RLUSD token is fully backed by U.S. dollar deposits, U.S. government bonds, and cash equivalents, with monthly attestations by an independent CPA.
Supported Networks
Initially launched on the XRP Ledger and Ethereum, RLUSD expanded to Ethereum Layer-2 solutions like Base and Optimism by early 2026.