USD-pegged · fiat-backed · #12 by USD value
Ripple USD (RLUSD) is a USD-pegged fiat-backed stablecoin, backed by cash & deposits (ripple). It currently ranks #12 among tracked stablecoins by circulating supply, and is deployed across 2 blockchains. Data is updated daily at 00:00 UTC from DefiLlama.
| Chain | Share | Supply |
|---|---|---|
| XRPL | 56.2% | $890.7M |
| Ethereum | 43.8% | $695.0M |
Ripple USD (RLUSD) is a USD-pegged stablecoin backed by cash & deposits (ripple). Its peg mechanism is fiat-backed, and it currently ranks #12 among tracked stablecoins by circulating supply.
RLUSD has a circulating supply of $1.59B (USD equivalent). Data updates daily at 00:00 UTC from DefiLlama.
RLUSD is backed by Cash & deposits (Ripple). This means holders' claims are collateralized in that form, with reserves reported by the issuer.
RLUSD is deployed across 2 blockchains, with XRPL holding the largest share of supply. See the Chain Distribution section on this page for the full breakdown.
RLUSD shares a USD peg with USDT and USDC — the market's two largest stablecoins — but differs in issuer, backing composition, and typical use cases. USDT and USDC together account for the majority of USD stablecoin supply; RLUSD ranks #12.
| Full Name | Ripple USD |
| Symbol | RLUSD |
| Peg | USD |
| Peg Mechanism | fiat-backed |
| Backing | Cash & deposits (Ripple) |
| Chains Deployed | 2 |
| CoinGecko | View on CoinGecko → |
| Data Source | DefiLlama → |
| Last Updated | 2026-07-27 · refreshes daily 00:00 UTC |