RLUSDvsUSD0
Ripple USD vs Usual USD — side-by-side comparison of supply, chains, backing, and peg data.
Side-by-side
RLUSD — Ripple USD
USD0 — Usual USD
30-day peg stability dotted line = target · both charts share one scale
What the last 30 days show
Over the last 30 days RLUSD supply moved +2.2% and USD0 -0.3% — RLUSD grew faster. RLUSD held the tighter band: worst deviation 2 bps against 18 bps.
Key differences
- RLUSD is roughly 2.9× larger than USD0 by USD circulation value ($1.58B vs $550.8M).
- RLUSD ranks #12 while USD0 ranks #19 among all tracked stablecoins.
- Both are pegged to the same currency (USD), so they compete directly for the same use cases.
- Both are fiat-backed stablecoins, so the mechanism is not what separates them.
- Reserves differ — RLUSD holds cash & deposits (ripple), USD0 holds tokenized us treasuries (usual).
- Chain coverage is comparable: RLUSD on 2 chains, USD0 on 2.
- Primary chain differs — most RLUSD supply lives on XRPL, while most USD0 supply is on Ethereum.
Full comparison table
| Metric | RLUSD | USD0 |
|---|---|---|
| USD circulation value | $1.58B | $550.8M |
| Rank (by USD value) | #12 | #19 |
| Peg | USD | USD |
| Mechanism | fiat-backed | fiat-backed |
| Backing | Cash & deposits (Ripple) | Tokenized US Treasuries (Usual) |
| Chains deployed | 2 | 2 |
| Primary chain | XRPL | Ethereum |
| Issuer | Ripple | Usual |
| CoinGecko | View → | View → |
Frequently Asked Questions
What's the main difference between RLUSD and USD0?
Both track USD, so they compete for the same use cases. RLUSD holds cash & deposits (ripple); USD0 holds tokenized us treasuries (usual). RLUSD ranks #12 by USD value and USD0 ranks #19.
Which is bigger, RLUSD or USD0?
RLUSD is larger, with $1.58B in circulation vs $550.8M for USD0. That's roughly 2.9× the size.
Is RLUSD safer than USD0?
Neither is inherently safer. Safety turns on reserve composition, issuer transparency, redemption rights and regulatory oversight — none of which this page audits. Both use a fiat-backed model, so the difference sits in the issuer and the reserves rather than the design. Read each issuer's most recent reserve attestation before choosing.
Can I convert between RLUSD and USD0?
Yes. RLUSD and USD0 both trade on major centralized and decentralized exchanges. Since both track USD, the exchange rate is typically very close to 1:1. Direct swap protocols on Ethereum, Solana, and other chains offer the tightest spreads.
Should I choose RLUSD or USD0?
The right choice depends on your use case. Consider: which chain do you need? RLUSD is available on 2 chains and USD0 on 2. What backing do you prefer? What's your integration surface (exchanges, DeFi protocols, payment providers)? Both have deep liquidity, so market cap alone shouldn't decide it.