What is Ripple USD (RLUSD)?
April 11, 2025
Ripple USD (RLUSD) is a stablecoin designed to bring speed, reliability, and dollar-backed stability to global payments. Issued by Ripple in 2024, RLUSD is built for real-world utility — from remittances and trading to financial settlement — all powered by fast and cost-effective blockchain infrastructure.
RLUSD: A New Stablecoin Backed by Ripple
RLUSD is a USD-pegged stablecoin currently issued on two major blockchain platforms: the XRP Ledger (XRPL) and Ethereum. It is backed 1:1 with US dollars ensuring both transparency and financial stability.
The coin is issued and managed by Ripple, a company long known for building payment solutions and infrastructure for the financial sector.
Why RLUSD?
Built for Speed and Stability. As a stablecoin built on the XRP Ledger, RLUSD inherits some powerful features:
Instant Settlement: XRP Ledger enables near real-time transaction confirmation, making RLUSD ideal for time-sensitive use cases.
Low Fees: Transaction costs on XRPL are a fraction of a cent — perfect for cross-border remittances, microtransactions, and high-frequency trading.
Multi-Chain Flexibility: RLUSD is currently issued on both the XRPL and Ethereum, offering interoperability and diverse use cases across these platforms, with potential expansion to additional blockchains in the future.
Deep Liquidity: Backed by Ripple’s reserves, RLUSD is designed to be a liquid and reliable asset for users and institutions alike.
Use Cases for RLUSD
RLUSD has a variety of potential applications across both traditional and decentralized ecosystems:
Cross-border Remittances: Individuals and businesses can use RLUSD to bypass delays and costs associated with legacy payment systems.
Crypto Trading & Settlement: RLUSD provides a dollar-equivalent store of value without exposure to crypto volatility, ideal for trading pairs and settlement.
Micropayments: With its low fees and instant confirmation, RLUSD opens new doors for digital payments, content monetization, and IoT integrations.
Future DeFi Potential: RLUSD’s Ethereum issuance may unlock smart contract-based use cases in DeFi, lending, and yield-generating protocols.