Ripple USD (RLUSD)
Asset ID: 44
RLUSD (Ripple USD) is a U.S. dollar–pegged stablecoin issued by Standard Custody & Trust Company, a Ripple Labs subsidiary. It is designed with a strong focus on trust, liquidity, and regulatory compliance. Each RLUSD token is fully backed by an equivalent amount of U.S. dollars and cash-like assets.
The stablecoin is built mainly for cross-border payments, aiming to provide fast and reliable access to digital dollars. Ripple, with over ten years of experience in blockchain solutions, leverages its global partnerships and regulatory licenses to make RLUSD widely usable for banks, businesses, and developers. It combines the stability of the U.S. dollar with the speed and efficiency of blockchain transactions in a compliant framework.
Network: multichain
Category: Other
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