> open stablecoin/rlusd
Ripple USD
USD-backed stablecoin issued by Ripple. SOG records RLUSD as active with cash-equivalent reserve framing, monthly reserve attestation archive context, jurisdiction-dependent access, NYDFS/DFSA context, BNY custody reference, and XRP Ledger / Ethereum deployment notes as separate source-backed layers.
Statusactive
Evidence5
| Symbol | RLUSD |
|---|---|
| Status | active |
| Peg asset | USD |
| Collateral model | fiat_backed |
| Issuer | Ripple |
| Reserve disclosure | available |
| Redemption status | limited_or_institutional |
| Last verified | 2026-06-05 |
Stablecoin registry
Compare this record with other active, discontinued, failed, migrated, and limited stablecoins.
Issuer dossier
Ripple · company · United States
Status vs event
Understand why status labels and historical events are kept separate.
| Status | limited_or_institutional |
|---|---|
| Who can redeem | Ripple describes RLUSD as redeemable 1:1 for U.S. dollars. User terms distinguish general users from customers and make detailed redemption availability dependent on eligibility, supported jurisdictions, compliance controls, network support, and current Ripple terms. |
| Retail redemption | source_review_needed |
| Institutional redemption | available_subject_to_terms |
| Minimum redemption | source_review_needed |
| Region / access notes | RLUSD availability is jurisdiction-dependent. SOG separates Ripple issuer redemption, supported platform access, XRP Ledger / Ethereum deployment, exchange liquidity, and secondary-market trading. |
| Registry note | PR-028A separates RLUSD issuer overview, transparency reports, legal terms, developer docs, and implementation references. The record should not imply universal retail redemption without terms-level review. |
| Coverage type | Count |
|---|---|
| Evidence records | 5 |
| Reserve references | 2 |
| Regulatory notes | 0 |
| Deployment notes | 2 |
| Known unknowns | 3 |
| Date | Event | Type | Impact | Recovered |
|---|---|---|---|---|
| No event records yet. | ||||
| Date | Publisher | Type | Asset categories | Confidence |
|---|---|---|---|---|
| 2026-06-05 | Ripple | issuer_disclosure_reference | cash, cash_equivalents, short_term_us_treasuries, source_review_needed | medium |
| 2026-06-05 | Ripple | reserve_transparency_archive | cash, cash_equivalents, us_treasury_bills, source_review_needed | medium |
| Date | Title | Source | Type | Summary |
|---|---|---|---|---|
| No regulatory notes recorded yet. | ||||
| Chain | Deployment type | Status | Contract | Notes |
|---|---|---|---|---|
| XRP Ledger | native_or_issuer_supported | issuer_supported_source_review_needed | source_review_needed | Ripple states RLUSD is natively issued on XRP Ledger. Use Ripple docs or implementation references before displaying final issuer/token identifiers. |
| Ethereum | erc20_or_issuer_supported | issuer_supported_source_review_needed | source_review_needed | Ripple states RLUSD is natively issued on Ethereum. Exact contract address should be sourced from official docs, implementation repository, or verified explorer before display. |
| Source | Publisher | Type | Claim scope | Reliability |
|---|---|---|---|---|
| Ripple USD stablecoin page | Ripple | issuer_page | RLUSD overview, backing, redemption, availability, supported chains, NYDFS/DFSA context, BNY custody reference, and transparency summary | primary |
| Ripple USD reserve assets and transparency reports | Ripple | reserve_transparency_page | RLUSD reserve balances, monthly attestation archive, reserve asset statement, Standard Custody / NYDFS trust context | primary |
| RLUSD Stablecoin User Terms | Ripple | legal_terms | RLUSD user terms, supported networks, customer redemption wording, reserve asset classes, risk factors, suspension and compliance conditions | primary |
| Ripple documentation for stablecoin products | Ripple | developer_docs | RLUSD developer and integration documentation entry point | primary |
| Ripple RLUSD implementation repository | Ripple | repository | RLUSD implementation reference and repository entry point | primary |
| Topic | Description | Severity | Last checked |
|---|---|---|---|
| redemption_terms | RLUSD customer redemption access, user vs customer distinction, supported jurisdictions, suspension conditions, and operational redemption limits need exact source extraction from Ripple legal terms before final display. | medium | 2026-06-05 |
| reserve_attestation_history | RLUSD monthly reserve report history and exact third-party attestation periods need period-level records before SOG displays a historical reserve timeline. | medium | 2026-06-05 |
| deployment_identifiers | RLUSD XRP Ledger issuer/token identifiers and Ethereum contract address need official docs, implementation, or verified explorer sources before final address display. | medium | 2026-06-05 |