Ripple USD (RLUSD)
CryptoScore Pro global score : 66/100 (computed on 2026-10-28)
Ripple USD (RLUSD) is a USD-backed stablecoin launched in December 2024 on the XRP Ledger (XRPL), marking Ripple’s strategic expansion into the stablecoin sector after years of focus on its native XRP token and blockchain infrastructure. Unlike traditional stablecoins like USDC or USDT, which operate primarily on Ethereum or other Layer 1 chains, RLUSD is designed to leverage the XRPL’s high-speed, low-cost transactions—ideal for cross-border payments, institutional settlements, and liquidity provision within Ripple’s ecosystem. Its 1:1 peg to the US dollar and full collateralization by cash reserves aim to address the trust and regulatory concerns that have plagued algorithmic stablecoins, positioning RLUSD as a compliant, enterprise-grade asset. The stablecoin’s integration with Ripple’s existing solutions, such as RippleNet and On-Demand Liquidity (ODL), underscores its utility for financial institutions seeking seamless, frictionless USD transfers globally. With a market capitalization of over 2.4 billion USD and a circulating supply matching its total supply (2.42 billion tokens), RLUSD’s launch signals Ripple’s ambition to consolidate its dominance in cross-border payments…
Scores by pillar
| Technology | 49/100 |
|---|---|
| Tokenomics | 73/100 |
| Team | 48/100 |
| Adoption | 59/100 |
| Liquidity | 80/100 |
| Compliance | 79/100 |
Market data
| Price | $1 |
|---|---|
| Market cap | $2.62B |
| 24h volume | $164.94M |
| Market cap rank | #49 |
| 24h change | +0.01% |
| 7d change | -0.01% |
| Blockchain | XRP Ledger |
| Sector | Stablecoin |
Analysis
RLUSD is a stablecoin, a digital asset with a fixed value pegged to the US dollar. It runs on the XRP Ledger and uses cash reserves to guarantee its peg. The token is used for institutional settlements and cross-border payments via RippleNet.