Ripple USD RLUSD

1 · Ethereum Ecosystem · Fiat-backed Stablecoin · Stablecoins · USD Stablecoin

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RLUSD is a USD-pegged stablecoin issued by Ripple through Standard Custody & Trust Company, a subsidiary regulated by the New York State Department of Financial Services. It is used for cross-border payments, as collateral in DeFi applications, and for trading pairs on centralized exchanges. Each token is fully backed by cash and cash equivalents held in segregated accounts, with monthly third-party attestations published to ensure transparency.