Ripple USD is a US dollar backed stablecoin issued by Standard Custody and Trust Company, a subsidiary of Ripple Labs. Each RLUSD token is backed by at least an equivalent amount of US dollars and cash equivalents. It is designed to provide stable digital dollar access for payments, settlement, and blockchain based financial applications, with a focus on trust, liquidity, and regulatory compliance.

RLUSD is issued by Standard Custody and Trust Company, LLC, which is wholly owned by Ripple Labs. The issuer is responsible for minting, redeeming, and managing reserves backing the stablecoin. This structure separates issuance and custody responsibilities while aligning RLUSD with Ripple’s broader enterprise focused blockchain ecosystem.

Yes, RLUSD is fully backed by US dollar deposits and other cash equivalents. Each token is intended to be redeemable at a one to one ratio with the US dollar. Reserve backing is designed to support liquidity and price stability, ensuring that RLUSD maintains its peg under normal market conditions.

RLUSD is built for digital payments, particularly cross border transactions, settlement, and enterprise financial flows. It can be used as a stable medium of exchange on blockchain networks where predictable value is required. The stablecoin is also intended for developers building payment applications and financial infrastructure that rely on digital dollars.

RLUSD emphasizes institutional adoption, regulatory compliance, and integration with Ripple’s existing payments network. Unlike many retail focused stablecoins, RLUSD is positioned for enterprise and financial institution use. Its issuance through a regulated trust entity and alignment with Ripple’s licensing framework are central to its design.

RLUSD is issued through a regulated trust entity and is designed to operate within existing regulatory frameworks. Ripple has stated that compliance and regulatory clarity are core to RLUSD’s structure. This focus is intended to support use by financial institutions and enterprises that require adherence to regulatory standards.

RLUSD is designed to be redeemable one to one for US dollars through its issuer. Redemption mechanisms are supported by the stablecoin’s reserve backing, allowing eligible users to convert RLUSD into fiat currency under defined terms and conditions.

RLUSD is issued as a blockchain based stablecoin, though its specific network deployments may evolve over time. The design prioritizes interoperability with payment systems and developer platforms rather than reliance on a single use case focused blockchain environment.

RLUSD does not function as a governance token. It is a stablecoin designed for payments and settlement rather than protocol governance or staking. Control over issuance and redemption is managed by the issuing entity rather than decentralized token holder voting.

RLUSD is primarily designed for financial institutions, enterprises, and developers that require compliant digital dollar access. Its focus on liquidity, regulatory alignment, and payment efficiency makes it suitable for cross border payments, treasury management, and blockchain based financial infrastructure.

The current Ripple USD price is $1.00. The Ripple USD price has changed by -0.028855897946206896% in the last 24 hours.

The current market capitalization is $1,410,158,100. This represents the total value of all circulating tokens at the current price.

There are currently 8,847 unique addresses holding Ripple USD. The top 10 holders control approximately 59% of the total supply.

The 24-hour trading volume is $70,597,045. This represents the total value of all trades executed in the last 24 hours across all exchanges.

Ripple USD is available for trading on various centralized exchanges (CEX) like Bullish, Curve (Ethereum), Balancer V3 (Ethereum) and decentralized exchanges (DEX) like Uniswap V3 (Ethereum). These platforms offer trading pairs with various cryptocurrencies and fiat currencies.

The primary contract address is 0x8292bb45bf1ee4d140127049757c2e0ff06317ed on the ethereum blockchain. This is where the token's core functionality is implemented.

The all-time high for Ripple USD was $1. This represents the highest price the token has ever reached.