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Key Points
Currency. Ripple USD (RLUSD) is a stablecoin pegged to the US dollar at a 1:1 ratio issued by Ripple, specifically designed for institutional use and international payments.
The stablecoin is fully backed by a separate reserve of US dollar deposits, US Treasury bills, and other cash equivalents.
Currency. Ripple USD (RLUSD) is a stablecoin pegged to the US dollar at a 1:1 ratio issued by Ripple, specifically designed for institutional use and international payments.
The stablecoin is fully backed by a separate reserve of US dollar deposits, US Treasury bills, and other cash equivalents.
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