# RLUSD: Ripple USD

RLUSD is Ripple’s enterprise-focused digital dollar, backed by dollar deposits, short-term US government debt, and cash equivalents.

## Key details

- **Issuer:** Standard Custody & Trust Company / Ripple
- **Reference currency:** USD
- **Backing model:** Cash and short-duration US dollar assets
- **Created:** 2024-12-17

## About

Ripple was established in 2012 after the launch of the XRP Ledger, focusing on blockchain infrastructure for moving and managing value. Over the following decade it expanded into enterprise payments, custody, liquidity, and treasury products; RLUSD extended that stack into regulated stablecoin settlement.

## Supported chains

- Base
- Ethereum
- Ink
- Optimism
- Unichain
- XRP Ledger
- XRPL EVM Sidechain

- **Reference contract:** `0x8292Bb45bf1Ee4d140127049757C2E0fF06317eD` (Ethereum)

## Legal jurisdiction

United States (New York)

NYDFS limited-purpose trust charter and NYDFS stablecoin guidance. RLUSD is issued by Standard Custody and other regulated Ripple subsidiaries.

## Sources

- [Official site](https://ripple.com/solutions/stablecoin/)
- [Ripple](https://ripple.com/ripple-press/raising-the-standard-for-stablecoins-ripple-usd-launches-globally/)
- [Ripple RLUSD documentation](https://docs.ripple.com/products/stablecoin/overview/rlusd)

This directory is for research, not an endorsement or an availability promise from Fiber. Stablecoin designs, reserves, networks, and redemption terms can change.

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Fiber is a financial technology company, not a bank. Banking services are provided by SSB, Member FDIC. Funds deposited at SSB are eligible for FDIC insurance up to $250,000 per depositor, per insured bank, subject to applicable limitations and FDIC rules.