Ripple USD RLUSD
Cryptocurrency · Stablecoins · Not Mineable · launched in 2024
№36of 40 004
- $1.00
- Price +0.01%
- $2.47 billion
- Capitalization
- $185.44 million
- Volume over 24 hours
- 0.09%
- Dominance
About the coin
- Circulating supply
- 2.47 billion RLUSD
- Total supply
- 2.47 billion RLUSD
- Maximum supply
- Unlimited
- Fully diluted capitalization
- $2.47 billion
- 24h high
- $1.00
- 24h low
- $1.00
Ripple USD (RLUSD) is a fully regulated enterprise-level stablecoin pegged 1:1 to the US dollar. The asset is issued by Standard Custody & Trust Company (a Ripple Labs subsidiary) under strict supervision of the New York Department of Financial Services (NYDFS). The token was developed specifically for integration into major banking infrastructure and payment corridors.
Price stability is ensured by segregated reserves consisting of fiat cash and short-term US Treasury securities. The native multi-chain architecture is deployed on XRP Ledger and Ethereum networks, providing institutional clients with unprecedented liquidity, compliance, and high-speed cross-border settlements.
Additional information
FAQ
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Ripple USD (RLUSD) is a stable digital coin whose rate is protected from volatility and pegged to the US dollar at a 1:1 ratio. The project was developed by blockchain giant Ripple as an institutional tool for fast, transparent, and cost-effective cross-border B2B payments and settlements.
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These are two completely different purpose tools. XRP is a volatile native coin of the XRP Ledger network that acts as a free global liquidity bridge, with its value determined by the market. RLUSD is a regulated stablecoin with a fixed price designed for traditional financial institutions that need the stability of fiat dollars on blockchain.
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Each RLUSD token has 100% real backing, eliminating algorithmic risks. Reserves consist of US cash dollars and short-term US Treasury bonds held in segregated accounts at BNY Mellon. The project is fully regulated by the New York Department of Financial Services (NYDFS) and undergoes monthly independent audits.
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The project implements a flexible "chain-agnostic" strategy. Native regulated token emission is simultaneously launched on XRP Ledger and Ethereum blockchains (ERC-20 standard). The token infrastructure is also expanding to leading Layer 2 solutions, including Base and Optimism, via secure cross-chain standards Wormhole NTT.
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The primary uses of RLUSD are instant international corporate remittances, optimization of interbank settlements, and liquidity management within the Ripple Payments network. Additionally, due to its high reliability, the token serves as a base settlement collateral in institutional DeFi lending programs and real-world asset (RWA) tokenization ecosystems.
Legal status of crypto assets in Uzbekistan
This section is for reference only and shows global market data. MONIQ is not a crypto asset service provider, does not carry out operations with crypto assets and does not give individual investment advice.
- Crypto assets are not legal tender in the Republic of Uzbekistan: they cannot be used to pay for goods and services, except in cases directly established by law.
- Residents may buy, sell and exchange crypto assets only through providers licensed by the NAPP — crypto exchanges, crypto shops, crypto depositories and mining pools registered as legal entities resident in Uzbekistan.
- The register of licences is maintained by the National Agency of Perspective Projects. Licences are issued and revoked, so the composition of the register changes — check the status of a venue at the moment of the transaction.
- Until 1 January 2029 transactions with crypto assets are not subject to taxation, and income from them is not included in aggregate income.
- Crypto assets are not traded on the RSE «Toshkent» and are not available through a broker account. There are no guaranteed returns, investments are not insured, and the price may change by tens of percent in a short time.
The information does not replace legal advice. Regulation changes — before any transaction check the current wording of the law and the register of licences at .