Ripple USD (RLUSD)

Ripple USD (RLUSD) is Ripple's enterprise-grade US dollar-backed stablecoin designed for institutional and B2B use cases. It maintains a constant 1:1 peg to the US dollar and operates natively on both the XRP Ledger and Ethereum blockchains, combining the speed of XRPL with the programmability of Ethereum's smart contract ecosystem.

Reserves & Compliance

RLUSD is 100% backed by cash deposits, US Treasury securities, and cash equivalents. Reserves are held in custody by BNY Mellon Corporation and subject to monthly third-party attestations. The stablecoin is licensed and regulated by the New York Department of Financial Services (NYDFS) and the Dubai Financial Services Authority (DFSA), making it one of the most regulated stablecoins in the market.

Key Features

• Dual Blockchain Support — Natively issued on XRP Ledger and Ethereum for broad interoperability
• Instant Settlement — Transactions settle in seconds with minimal fees, enabling near-real-time cross-border transfers
• Programmability — Efficient financial applications, automated workflows, and smart contract integrations on Ethereum
• No Bank Account Required — Enables global transactions without traditional banking infrastructure
• Regulatory Foundation — Compliance-first architecture with NYDFS and DFSA oversight

Use Cases

Cross-border settlement, fiat-to-stablecoin on/off ramps, exchange trading pairs, peer-to-peer and B2B payouts, FX and derivatives settlement, and merchant/vendor disbursements.