What is Ripple USD (RLUSD)?
Ripple USD (RLUSD) is a U.S. dollar-denominated stablecoin issued by Ripple, designed to support fast, compliant, and institution-grade digital payments. Each RLUSD token is fully backed on a one-to-one basis by cash and cash equivalents. It is built for enterprises, payment providers, and financial institutions that require transparency, redeemability, and legal clarity when moving value on-chain.
At its core, RLUSD addresses long-standing inefficiencies in cross-border payments, including slow settlement times, high intermediary fees, and limited access to liquidity. By operating as a fully collateralized stablecoin, RLUSD enables near-instant settlement while maintaining price stability against the U.S. dollar. Its architecture prioritizes reliability and trust, making it suitable for real-world applications, such as remittances, merchant settlements, and treasury operations.
RLUSD is natively issued on both the XRP Ledger and Ethereum, reflecting a multi-chain approach. Users can leverage the strengths of each network: the XRP Ledger for high-throughput, low-cost payments, and Ethereum for programmable finance and integration with decentralized applications.
The circulating supply of RLUSD token is 1.33 billion, with a total supply of 1.33 billion tokens.
RLUSD token is listed on Binance for trade and purchase. The current price of RLUSD is available and updated in real-time on Binance.