[{"data":1,"prerenderedAt":333},["ShallowReactive",2],{"api/learn-center-post-en-GB-what-is-ripple-usd-rlusd":3,"en-gb/learn/cryptocurrency-guide/what-is-ripple-usd-rlusd-en-GB-seo":64,"footer-en-GB":69,"navigation-en-GB-learn-center":242,"api/learn-categories-en-GB":293},{"seo":4,"locale":25,"breadcrumbs":26,"excerpt":34,"featuredImage":35,"components":42,"title":5,"formattedPublishedAt":57,"geofencings":58,"category":59,"pagination":61,"campaignExternalId":8},{"title":5,"metaTitle":6,"metaDescription":7,"keywords":8,"metaRobots":8,"structuredData":9,"metaImage":10,"metaSocial":18,"canonicalURL":8,"localizations":19},"What is Ripple USD? (RLUSD)","What is Ripple USD? (RLUSD) - Cryptocurrency Guide","Ripple USD (RLUSD) is a stablecoin cryptocurrency that aims to mirror the US dollar and is designed for quick and cheap cross-border payments.  ",null,{},{"url":11,"mime":12,"ext":13,"width":14,"height":15,"name":16,"alt":17},"bitstampImageUrl/what_is_riusd_7227567e7c_3fb00c7b0c.png","image/png",".png",900,451,"what_is_riusd_7227567e7c.png","",[],[20,23],{"pathname":21,"locale":22},"/learn/cryptocurrency-guide/what-is-ripple-usd-rlusd/","en",{"pathname":24,"locale":25},"/en-gb/learn/cryptocurrency-guide/what-is-ripple-usd-rlusd/","en-GB",[27,31],{"id":28,"text":29,"url":28,"asUrl":30},"/learn/cryptocurrency-guide/","Cryptocurrency guide",true,{"id":32,"text":5,"url":24,"asUrl":33},"what-is-ripple-usd-rlusd",false,"\u003Cp>Ripple USD (RLUSD) is a stablecoin cryptocurrency that aims to mirror the US dollar and is designed for quick and cheap cross-border payments.  \u003C/p>\n",{"url":36,"mime":37,"ext":38,"width":39,"height":40,"name":41,"alt":17},"bitstampImageUrl/what_is_riusd_e3b93203de_fb0bfd3912.svg","image/svg+xml",".svg",1920,1081,"what_is_riusd_e3b93203de.svg",[43],{"component":44,"props":45,"content":50,"secondaryContent":54,"ctas":55,"secondaryCtas":56,"ctasNoMarginTop":33},"section.full-text",{"sectionId":8,"backgroundColor":46,"paddingTop":47,"paddingBottom":47,"ordering":8,"ratio":48,"centered":33,"containerSize":49,"withoutSectionContainer":30},"Crypto lime","medium","1:1","normal",{"text":51,"width":52,"align":53},"\u003Cp>Issued on the XRP Ledger and \u003Ca href=\"https://www.bitstamp.net/learn/cryptocurrency-guide/what-is-ethereum-eth/\">Ethereum\u003C/a>, the RLUSD \u003Ca href=\"https://www.bitstamp.net/learn/crypto-101/what-are-stablecoins/\"> stablecoin\u003C/a> is backed 1:1 by Ripple with cash (and cash equivalents like government bonds) in reserves to ensure its stability. This regulated cryptocurrency aims to unlock global transactions, facilitating everything from remittances to efficient trading settlements. \u003C/p>\n\u003Ch2>Who created RLUSD?\u003C/h2>\n\u003Cp>\u003Ca href=\"https://www.bitstamp.net/learn/company-profiles/ripple-labs/\">Ripple\u003C/a> created Ripple USD in 2024.  \u003C/p>\n\u003Cp>Ripple, established in 2004 by Jed McCaleb and Chris Larsen, predates even Bitcoin. Since 2012, the company launched the XRP Ledger and established themselves as Ripple Labs. \u003C/p>\n\u003Cp>The XRP Ledger was established in 2012 by three developers - David Schwartz, Jed McCaleb, and Arthur Britto. Shortly thereafter, they were joined by Chris Larsen, and the group founded by Ripple (renamed from OpenCoin). \u003C/p>\n\u003Cp>With a focus on enabling seamless cross-border payments, Ripple collaborates with many financial institutions globally. This commitment to the traditional financial sector lends a certain level of credibility and stability to RLUSD.    \u003C/p>\n\u003Ch3>RLUSD advantages\u003C/h3>\n\u003Cp>RLUSD is built using the XRP Ledger (XRPL), a type of distributed ledger technology (DLT), that allows for the secure and transparent recording of transactions and asset ownership. \u003C/p>\n\u003Cp>Thanks to the XRPL, RLUSD offers several benefits that make it an attractive choice for individuals, businesses, and institutions: \u003C/p>\n\u003Cul>\n\u003Cli>\u003Cstrong>Instant settlement\u003C/strong> of the XRP Ledger's makes RLUSD a great currency for global transfers and real-time payments. \u003C/li>\n\u003Cli>\u003Cstrong>Low transaction fees\u003C/strong> make RLUSD ideal for micropayments, cross-border remittances, and frequent transactions. \u003C/li>\n\u003Cli>\u003Cstrong>Deep liquidity,\u003C/strong> thanks to the cash and cash equivalents reserves, ensures a stable price for users. \u003C/li>\n\u003Cli>\u003Cstrong>Multi-chain issuance:\u003C/strong> Issued on the XRPL and Ethereum, RLUSD is accessible on and interoperable with different networks.\u003C/li>\n\u003C/ul>\n\u003Ch3>RLUSD use cases\u003C/h3>\n\u003Cp>RLUSD's stability, speed, and low fees make it suitable for several applications: \u003C/p>\n\u003Cul>\n\u003Cli>\u003Cstrong>Transfers and remittances\u003C/strong>: Individuals and businesses can bypass the often slow and expensive traditional systems thanks to the XRPL. \u003C/li>\n\u003Cli>\u003Cstrong>Trading:\u003C/strong> Traders and institutions can make use of RLUSD to settle their trades and reduce their exposure to more volatile crypto assets.\u003C/li>\n\u003C/ul>\n\u003Ch2>Ripple USD essentials\u003C/h2>\n\u003Cul>\n\u003Cli>RLUSD is a stablecoin backed 1:1 with the US dollar, designed for fast and affordable cross-border payments. \u003C/li>\n\u003Cli>RLUSD is built using the XRP Ledger's technology for near-instant transaction settlement 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Kingdom",{},{},{"title":202,"content":17,"items":203},"Contact",[204,209,213,217,221,225,230,235],{"noFollow":33,"isExternal":33,"name":205,"value":206,"isEmail":33,"isPhoneNumber":33,"isText":33,"showOnDesktop":30,"showOnMobile":30,"attachment":207,"geofencings":208},"Customer 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20 3868 9628","+442038689628",{},{},{"noFollow":33,"isExternal":33,"name":231,"value":232,"isEmail":33,"isPhoneNumber":30,"isText":33,"showOnDesktop":30,"showOnMobile":30,"attachment":233,"geofencings":234},"+1 800 712 5702","+18007125702",{},{},{"noFollow":33,"isExternal":33,"name":236,"value":237,"isEmail":33,"isPhoneNumber":30,"isText":33,"showOnDesktop":30,"showOnMobile":30,"attachment":238,"geofencings":239},"+352 20 88 10 96","+35220881096",{},{},"\u003Cp>Please read the general \u003Ca href=\"/legal/risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Warning\u003C/a>, and \u003Ca href=\"/legal/uk-investment-risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Summary\u003C/a> for UK residents before investing in crypto-assets. \u003C/p>\n\u003Cp>Crypto-assets services are provided by the following Bitstamp legal entities depending on client residency: (1) Bitstamp Europe S.A., which is authorized by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg as a payment institution (licence number Z00000012) and crypto-asset service provider (licence number N00000003); Registered address: 40, avenue Monterey, L-2163 Luxembourg, Grand Duchy of Luxembourg; Registration number: B196856; (2) Bitstamp UK Ltd., which is registered with the Financial Conduct Authority (FCA) in the UK for the provision of certain cryptoassets activities under the Money Laundering Regulations (Firm Reference Number 978690); Registered address: 5 New Street Square, EC4A 3TW London, United Kingdom; Registration number: 14174243; (3) Bitstamp Ltd.with its registered address at 5 New Street Square, EC4A 3TW London, United Kingdom and registration number: 8157033; (4) Bitstamp Global Ltd., which is registered as a Virtual Asset Service Provider in the British Virgin Islands and is supervised by the British Virgin Islands Financial Services Commission (FSC); Registered address: Floor 4, Banco Popular Building, Road Town, Tortola VG1110, British Virgin Islands; Registered number: 2086429; and (5) Bitstamp Asia Pte Ltd, which is authorized by the Monetary Authority of Singapore (MAS) as a major payment institution (licence number PS20200667); Registered address: 63 Chulia Street, OCBC Centre East, #15-01, Singapore 049514; Registered number: 202016687K;\u003C/p>\n\u003Cp>Virtual currency services to US residents are provided by Bitstamp USA, Inc., which is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Licensed as a Money Transmitter by the New York State Department of Financial Services. Review a \u003Ca href=\"/legal/usa-inc/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">list of its licenses and other registrations\u003C/a> (NMLS number \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">1905429\u003C/a>) for more information; Registered address: 85 Willow Road, Menlo Park, CA 94025, United States of America; Registered number: 5481543.\u003C/p>\n\u003Cp>Investment services with regards to trading in crypto derivatives are provided by Bitstamp Financial Services Ltd., which is authorized and supervised by the Slovenian Securities Market Agency (ATVP) as a MiFiD investment firm. Trading crypto derivatives carries significant risks and may result in substantial losses. Please trade responsibly and ensure you understand the associated risks. You can find more about the risks \u003Ca href=\"/legal/financial-services/general-terms-and-conditions/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>. To help you understand the risks involved we have put together a series of \u003Ca href=\"/derivatives/key-information-documents/\" target=\"_blank\" rel=\"noopener noreferrer\">Key Information Documents (KIDs)\u003C/a> highlighting the risks and rewards related to each derivatives contract. Crypto derivatives trading is not available to customers in the US, Canada, Japan and some other countries. Bitstamp Financial Services Ltd. does not provide crypto-asset services.\u003C/p>\n\u003Cp>To find out more about which Bitstamp entity you receive services from, please check the Profile/My information in your Bitstamp account. You can read more about our legal terms, policies and disclosures \u003Ca href=\"/legal/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>.\u003C/p>\n","\u003Cp>All rights reserved © 2026 Bitstamp by Robinhood. \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">NMLS #1905429\u003C/a>\u003C/p>\n",{"items":243,"ready":30,"platformButtonText":289,"backButtonText":290,"logInButtonText":291,"signUpButtonText":292},[244,249,255,258,262,267,272,275,280,285],{"headerName":245,"sidemenuName":126,"url":246,"noFollow":33,"showInHeader":30,"showInSidemenu":30,"geofencings":247,"submenu":248,"tag":17},"Institutions","/en-gb/institutional-trading/",{},[],{"headerName":250,"sidemenuName":250,"url":251,"noFollow":33,"showInHeader":30,"showInSidemenu":30,"geofencings":252,"submenu":253,"tag":254},"Derivatives","/perpetual-futures/",{},[],"NEW",{"headerName":141,"sidemenuName":141,"url":142,"noFollow":33,"showInHeader":30,"showInSidemenu":30,"geofencings":256,"submenu":257,"tag":17},{},[],{"headerName":259,"sidemenuName":259,"url":114,"noFollow":33,"showInHeader":30,"showInSidemenu":30,"geofencings":260,"submenu":261,"tag":17},"Mobile App",{},[],{"headerName":263,"sidemenuName":263,"url":264,"noFollow":33,"showInHeader":30,"showInSidemenu":30,"geofencings":265,"submenu":266,"tag":17},"Markets","/markets/",{},[],{"headerName":268,"sidemenuName":268,"url":269,"noFollow":33,"showInHeader":30,"showInSidemenu":30,"geofencings":270,"submenu":271,"tag":17},"Earn Stake","/en-gb/crypto-staking/",{},[],{"headerName":118,"sidemenuName":118,"url":119,"noFollow":33,"showInHeader":30,"showInSidemenu":30,"geofencings":273,"submenu":274,"tag":17},{},[],{"headerName":276,"sidemenuName":276,"url":277,"noFollow":33,"showInHeader":30,"showInSidemenu":30,"geofencings":278,"submenu":279,"tag":17},"Blog","https://blog.bitstamp.net/",{},[],{"headerName":281,"sidemenuName":281,"url":282,"noFollow":33,"showInHeader":30,"showInSidemenu":30,"geofencings":283,"submenu":284,"tag":17},"Learn","/learn/",{},[],{"headerName":286,"sidemenuName":286,"url":114,"noFollow":33,"showInHeader":33,"showInSidemenu":30,"geofencings":287,"submenu":288,"tag":17},"Get Bitstamp by Robinhood app",{},[],"Go to platform","Back","Log in","Get started",[294,298,302,306,310,314,317,321,325,329],{"title":295,"url":296,"geofencings":297},"Blockchain technology","/en-gb/learn/blockchain/",{},{"title":299,"url":300,"geofencings":301},"Company profiles","/en-gb/learn/company-profiles/",{},{"title":303,"url":304,"geofencings":305},"Crypto 101","/en-gb/learn/crypto-101/",{},{"title":307,"url":308,"geofencings":309},"Crypto definitions","/en-gb/learn/crypto-definitions/",{},{"title":311,"url":312,"geofencings":313},"Crypto trading","/en-gb/learn/crypto-trading/",{},{"title":29,"url":315,"geofencings":316},"/en-gb/learn/cryptocurrency-guide/",{},{"title":318,"url":319,"geofencings":320},"People profiles","/en-gb/learn/people-profiles/",{},{"title":322,"url":323,"geofencings":324},"Security","/en-gb/learn/security/",{},{"title":326,"url":327,"geofencings":328},"Tutorials","/en-gb/learn/bitstamp-tutorials/",{},{"title":330,"url":331,"geofencings":332},"Web3","/en-gb/learn/web3/",{},1777988199416]