USDGvsRLUSD
Global Dollar vs Ripple USD — side-by-side comparison of supply, chains, backing, and peg data.
Side-by-side
USDG — Global Dollar
RLUSD — Ripple USD
30-day peg stability dotted line = target · both charts share one scale
What the last 30 days show
Over the last 30 days USDG supply moved +17.6% and RLUSD +2.2% — USDG grew faster. RLUSD held the tighter band: worst deviation 2 bps against 33 bps.
Key differences
- USDG is roughly 2.2× larger than RLUSD by USD circulation value ($3.42B vs $1.58B).
- USDG ranks #7 while RLUSD ranks #12 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 — USDG holds cash reserves (paxos), RLUSD holds cash & deposits (ripple).
- USDG is deployed on 6 chains — much broader coverage than RLUSD's 2.
- Primary chain differs — most USDG supply lives on X Layer, while most RLUSD supply is on XRPL.
Full comparison table
| Metric | USDG | RLUSD |
|---|---|---|
| USD circulation value | $3.42B | $1.58B |
| Rank (by USD value) | #7 | #12 |
| Peg | USD | USD |
| Mechanism | fiat-backed | fiat-backed |
| Backing | Cash reserves (Paxos) | Cash & deposits (Ripple) |
| Chains deployed | 6 | 2 |
| Primary chain | X Layer | XRPL |
| Issuer | Paxos Trust Company | Ripple |
| CoinGecko | View → | View → |
Frequently Asked Questions
What's the main difference between USDG and RLUSD?
Both track USD, so they compete for the same use cases. USDG holds cash reserves (paxos); RLUSD holds cash & deposits (ripple). USDG ranks #7 by USD value and RLUSD ranks #12.
Which is bigger, USDG or RLUSD?
USDG is larger, with $3.42B in circulation vs $1.58B for RLUSD. That's roughly 2.2× the size.
Is USDG safer than RLUSD?
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 USDG and RLUSD?
Yes. USDG and RLUSD 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 USDG or RLUSD?
The right choice depends on your use case. Consider: which chain do you need? USDG is available on 6 chains and RLUSD 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.