Ripple USD vs Solstice USX โ side-by-side comparison of supply, chains, backing, and peg data.
Over the last 30 days RLUSD supply moved +2.2% and USX -2.1% โ RLUSD grew faster. RLUSD held the tighter band: worst deviation 2 bps against 10 bps.
| Metric | RLUSD | USX |
|---|---|---|
| USD circulation value | $1.58B | $506.6M |
| Rank (by USD value) | #12 | #20 |
| Peg | USD | USD |
| Mechanism | fiat-backed | crypto-backed |
| Backing | Cash & deposits (Ripple) | Overcollateralized CDP |
| Chains deployed | 2 | 1 |
| Primary chain | XRPL | Solana |
| Issuer | Ripple | โ |
| CoinGecko | View โ | View โ |
Both track USD, so they compete for the same use cases. RLUSD holds cash & deposits (ripple); USX holds overcollateralized cdp. RLUSD ranks #12 by USD value and USX ranks #20.
RLUSD is larger, with $1.58B in circulation vs $506.6M for USX. That's roughly 3.1ร the size.
Neither is inherently safer. Safety turns on reserve composition, issuer transparency, redemption rights and regulatory oversight โ none of which this page audits. RLUSD uses a fiat-backed model; USX uses a crypto-backed one. Read each issuer's most recent reserve attestation before choosing.
Yes. RLUSD and USX 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.
The right choice depends on your use case. Consider: which chain do you need? RLUSD is available on 2 chains and USX on 1. 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.