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The Nexus
BUSINESSJul 14 · 06:53 UTCTHE BLOCKThe Block Research

What Is RLUSD? Ripple’s XRP-Native Stablecoin Explained

RLUSD is a regulated stablecoin issued by Ripple Labs, designed to maintain a 1:1 value with the U.S. dollar. It is backed by cash, short-term U.S. Treasury bills, and cash equivalents, and is redeemable for U.S. dollars by approved entities.

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Ripple LabsorganizationRLUSDtopicXRP blockchaintopicU.S. dollarstopiccash equivalentstopicshort-term U.S. Treasury billstopiccashtopic
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