Ripple USD (RLUSD) price today
Ripple USD (RLUSD) is Ripple's stablecoin: pegged to the dollar, issued by a New York-regulated subsidiary and aimed at cross-border payments.
Ripple USD price now
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- Price in US dollars (USD)
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- Price in Brazilian reais (BRL)
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Market data source: CoinGecko, with a reference USD/BRL rate. Values can lag by a few minutes.
What is Ripple USD?
RLUSD launched in December 2024. It is issued by Standard Custody & Trust Company, a Ripple subsidiary holding a trust company charter from New York State's financial regulator.
The token circulates on the XRP Ledger and on Ethereum and is used in Ripple's payment products for institutions.
How Ripple USD works
According to the issuer, each RLUSD is backed by at least an equivalent amount of dollars and cash equivalents, such as short-term US Treasuries. The company publishes periodic reports on the reserves.
RLUSD does not replace XRP: the two assets coexist in Ripple's products, one as a digital dollar and the other as the network's native currency.
What RLUSD is used for
- Cross-border payments and settlement for companies.
- Trading and collateral on exchanges and in decentralized finance.
- Digital dollar inside the XRP Ledger.
Risks and points of attention
- A recent stablecoin with smaller circulation than the leaders.
- Risk of the issuer and reserve custodians.
- The issuer can freeze tokens when legally required.
- Currency risk: its value in other currencies follows the dollar exchange rate.
Key facts
| Symbol | RLUSD |
|---|---|
| Asset type | Stablecoin |
| Launch | 2024-12 |
| Issuer or organization | Standard Custody & Trust Company (a Ripple subsidiary) |
| Network | XRP Ledger and Ethereum |
| Maximum supply | No cap: issued and redeemed on demand |
Reference data checked on October 3, 2026 against CoinGecko and the project's official pages.
Official links
Frequently asked questions about Ripple USD
Are RLUSD and XRP the same thing?
No. RLUSD is a dollar-pegged stablecoin. XRP is the native currency of the XRP Ledger, with a free-floating price.
Who issues RLUSD?
Standard Custody & Trust Company, a Ripple subsidiary regulated in New York State.
Which networks does RLUSD run on?
The XRP Ledger and Ethereum. They are different versions of the token, and it must be sent over the network the destination accepts.
Where does the Ripple USD price on this page come from?
The panel shows the RLUSD price in US dollars and Brazilian reais, with change, volume and market capitalization. Data comes from CoinGecko, uses a reference exchange rate and can lag by a few minutes.