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RLUSD

RLUSD is Ripple's U.S. dollar-pegged stablecoin, issued on the XRP Ledger and Ethereum and backed by cash and cash-equivalent reserves.

Known aliases

  • Ripple USD
  • RLUSD

Current stories

investConfirmed5 publishers

Cross River Bank adds Ripple's RLUSD beside ACH and wires on its fintech platform

Cross River Bank will let fintech clients send Ripple's RLUSD stablecoin through the same connection as ACH and wires, in a limited number of US states. The speed claims come from the companies' own release.

Perspective Coverage

5 publishers
Builder
Builder 32%
Operator
Operator 32%
Investor
Investor 36%

Reality

Evidence40
Adoption
Not scored
Hype gap+20
Incentives70
Confidence65
investConfirmed4 publishers

Ripple Prime opens weekend swaps on 100-plus markets that reference Hyperliquid perpetuals

Ripple Prime opened 24/7 perpetual swaps on more than 100 traditional markets to institutions on October 15, with Virtu among its clients. The swaps reference perpetual futures that Trade.xyz lists on Hyperliquid, so the weekend price they track is set on a crypto venue.

Perspective Coverage

4 publishers
Builder
Builder 15%
Operator
Operator 45%
Investor
Investor 40%

Reality

Evidence50
Adoption15
Hype gap+25
Incentives65
Confidence65
investConfirmed3 publishers

DriveWealth to use Ripple's RLUSD on XRP Ledger for settlement, starting in Europe

Ripple and DriveWealth will settle in RLUSD on the XRP Ledger across a brokerage network of more than 100 partners, starting in Europe. The companies did not disclose volumes or fees, so the only size on offer is the partner count.

Perspective Coverage

3 publishers
Builder
Builder 25%
Operator
Operator 42%
Investor
Investor 33%

Reality

Evidence40
Adoption
Not scored
Hype gap+20
Incentives
Not scored
Confidence60
investOne report1 publisher

DriveWealth turns to Ripple's RLUSD stablecoin to fund 24/5 US equity trading

DriveWealth, whose network powers investing for more than 100 partners, is integrating Ripple's RLUSD for European settlement, with the US planned. The announcement says partners could gain flexibility to fund outside bank-transfer hours. It does not say how many will use it.

Publishers:news.bitcoin.com

Reality

Evidence30
Adoption
Not scored
Hype gap+25
Incentives
Not scored
Confidence45
investConfirmed7 publishers

Standard Chartered begins holding Ripple's RLUSD for institutions through its Dubai branch

Standard Chartered opened institutional custody of Ripple's RLUSD on the XRP Ledger on Oct. 12, a token with about $2.4 billion in circulation. The plan to post it as LMAX collateral has no launch date and still needs testing, documentation and approvals.

Perspective Coverage

7 publishers
Builder
Builder 19%
Operator
Operator 45%
Investor
Investor 36%

Reality

Evidence68
Adoption22
Hype gap+20
Incentives60
Confidence72
investOne report1 publisher

XRPL Commons opens XRP Ledger lending to 400-plus builders ahead of validator approval

XRPL Commons will let more than 400 registered builders test XRP Ledger lending amendments XLS-65 and XLS-66 on Oct. 24-25, with no mainnet date set. Validators have yet to approve either, so any lending exposure on the ledger remains prospective.

Publishers:crypto.news

Reality

Evidence55
Adoption8
Hype gap+20
Incentives60
Confidence60
investConfirmed6 publishers

Stripe's Privy adds XRP Ledger wallets as Ripple cites 13 million agent payments it counted itself

Stripe-owned Privy is bringing its wallets to the XRP Ledger, where Ripple says agents have made 13 million payments. Ripple is the only source for that count. The announcements leave developers free to settle in XRP or in other assets.

Perspective Coverage

6 publishers
Builder
Builder 42%
Operator
Operator 27%
Investor
Investor 31%

Reality

Evidence35
Adoption20
Hype gap+40
Incentives70
Confidence62
investOne report1 publisher

Standard Chartered sets a year-end target for Singapore crypto custody that still needs regulatory approval

Standard Chartered Singapore targets end-2026 for institutional crypto, stablecoin and tokenized-asset custody, pending regulatory approval. Until the bank lists supported assets, the claim that it will hold Ripple's RLUSD rests on an X post.

Reality

Evidence50
Adoption
Not scored
Hype gap+30
Incentives
Not scored
Confidence55
investOne report1 publisher

XRP Ledger's 13.5 million AI-agent payments have settled 12,010 RLUSD and 6,982 XRP

XRP Ledger payments by AI agents over the x402 protocol passed 13 million across 166 merchants, RippleX engineering head J. Ayo Akinyele said on October 10. On the tracker run by Ripple-backed t54, they have settled less than one RLUSD per thousand payments, so merchants are getting traffic with very little income behind it so far.

Publishers:crypto.news

Reality

Evidence45
Adoption25
Hype gap+55
Incentives80
Confidence55
investOne report1 publisher

Ripple Prime's leveraged-ETF swaps earn Ripple fees that XRP holders do not share

Ripple Prime writes total return swaps for US leveraged ETFs and collects the financing fees, while XRP fell more than 8% in a week to $1.39. Swap clients need no XRP, so the revenue builds Ripple's value without adding token demand.

Publishers:en.sedaily.com

Reality

Evidence45
Adoption35
Hype gap0
Incentives60
Confidence50
investOne report1 publisher

XRP Ledger's Permission Delegation splits payment and compliance duties without capping amounts

XRP Ledger's Permission Delegation went live Oct. 8, letting institutions hand specific transaction rights to other accounts without sharing primary keys. Because the grants cannot carry spending limits, institutions keep their own checks on how much a delegate sends.

Publishers:cryptoslate.com

Reality

Evidence58
Adoption30
Hype gap+22
Incentives65
Confidence45
investOne report1 publisher

Mastercard spreads its cross-border stablecoin bet across OUSD, USDC and BVNK

Mastercard CEO Michael Miebach said Oct. 9 that cross-border payments are stablecoins' strongest use, citing OUSD, a coin Visa and Stripe also back. His biggest stablecoin deal, up to $1.8 billion for BVNK per Crypto Briefing, buys tools to hold and convert whichever coin businesses pick.

Reality

Evidence55
Adoption25
Hype gap+20
Incentives70
Confidence55
investOne report1 publisher

XRP Ledger fees ran $528 in one day against a $1.34 billion stablecoin base

XRP Ledger held $1.338 billion in tracked stablecoins on Oct. 7 while its chain fees for the day came to $528, DefiLlama data show. Because fees and reserves scale with transactions and accounts, how much XRP that base needs depends on the inventory that bridges and liquidity pools keep between trades.

Publishers:cryptoslate.com

Reality

Evidence58
Adoption42
Hype gap−5
Incentives45
Confidence60
investConfirmed6 publishers

Brevan Howard's funds will clear and borrow through Ripple, the company they invested in

Ripple Prime will act as prime broker, clearer and lender to funds of Brevan Howard, a $35 billion manager whose affiliated funds invested in Ripple in 2025. That makes those funds both Ripple's investors and its borrowers, though neither firm disclosed how much business moves.

Perspective Coverage

6 publishers
Builder
Builder 16%
Operator
Operator 37%
Investor
Investor 47%

Reality

Evidence55
Adoption35
Hype gap+30
Incentives70
Confidence60
investConfirmed3 publishers

Ripple charges a 2x Sandisk ETF about 8% a year to finance its leverage

Ripple is financing leveraged stock ETFs through its prime brokerage arm, a business it entered by buying Hidden Road for $1.25 billion. The fees come with exposure to client funds that one large move in a single stock can wipe out.

Perspective Coverage

3 publishers
Builder
Builder 15%
Operator
Operator 30%
Investor
Investor 55%

Reality

Evidence55
Adoption35
Hype gap+25
Incentives55
Confidence60
investOne report1 publisher

Ripple's dollar token reaches Turkey through exchanges while Garanti BBVA's vault holds bitcoin and XRP

Ripple is pitching Turkey's nearly $200 billion crypto market with Garanti BBVA custody and its RLUSD dollar token on local exchanges. The bank's vault and the token sit in separate channels, so a Turkish customer hedging the lira on-chain still goes through an exchange.

Publishers:news.bitcoin.com

Reality

Evidence40
Adoption35
Hype gap+35
Incentives80
Confidence40
investOne report1 publisher

XRP Ledger x402 payments near 12 million as Ripple credits AI agent demand

XRP Ledger x402 payments ran at about 525,000 a day over the latest week, taking the total from 1 million in July to 11,965,947 by Oct. 3. The count shows software paying for services at volume, but it is a tally of payments published without a dollar value.

Publishers:news.bitcoin.com

Reality

Evidence40
Adoption40
Hype gap+35
Incentives80
Confidence40

Earlier coverage