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About Ripple USD
Ripple USD (RLUSD) is a USD-denominated stablecoin issued by Standard Custody & Trust Company, LLC, a subsidiary of Ripple Labs. It is a fiat-backed asset where each token is collateralized 1:1 by U.S. dollars and cash equivalents, designed for trust, liquidity, and regulatory compliance. Purpose-built for enterprise use and cross-border payments, RLUSD leverages the XRP Ledger and Ethereum ecosystems to provide real-time settlements and reliable access to digital dollars for financial institutions and developers. The stablecoin combines the reliability of USD with the efficiencies of blockchain technology, allowing users to transact with confidence through Ripple's global license portfolio.
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