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Ripple USD Overview
24h High
$1.00
24h Low
$1.00
24h Change
+0.02%
7d Change
+0.01%
30d Change
+0.01%
Volume 24h
$58.38M
Market Cap
$1.53B
Circulating Supply
1.53B RLUSD
Ripple USD News
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About Ripple USD
Ripple USD (RLUSD) is a stablecoin backed 1:1 by US dollars, available on the XRP Ledger and Ethereum blockchains. It provides a secure and regulated on-ramp for integrating traditional finance with decentralised systems, issued by Standard Custody & Trust Company, a subsidiary of Ripple.
Ripple USD (RLUSD) serves multiple purposes, including acting as a stable medium of exchange and a tool for financial integration between traditional banking systems and Web3 technologies. Specifically, RLUSD provides a secure, stable, and programmable digital asset that can be easily integrated into decentralised applications (dApps) and payment solutions. It functions as an on-ramp and off-ramp for users transitioning between fiat currencies and cryptocurrencies. Additionally, it can be used in various DeFi platforms for lending, borrowing, or trading, ensuring that users maintain the stable value of USD while interacting within decentralised systems.
Ripple USD (RLUSD) is issued by Standard Custody & Trust Company, LLC (SCTC), a subsidiary of Ripple. SCTC is a regulated financial entity that adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements, ensuring compliance with global regulatory standards. The development and technical implementation of Ripple USD were done by Ripple engineers, particularly leveraging the Issued Tokens functionality on the XRP Ledger and the ERC-20 standard on Ethereum.
Ripple USD Markets
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Ripple USD Platforms
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Ripple USD Market Data
The live Ripple USD price today is $1.00 USD with a 24-hour trading volume of $58,382,622.78 USD. We update our RLUSD to USD price in real-time. Ripple USD is up 0.02% in the last 24 hours.
The current market cap is $1,525,658,322.20 USD, ranking #48 by market capitalization. The circulating supply is 1,525,616,168 RLUSD.