

Market Cap
$2.5B
24h Volume
$272.06M
Circulating
2.5B RLUSD
All-Time High
$1.07
Market Cap
$2.5B
Volume (24h)
$272.06M
Circulating Supply
2.5B RLUSD
Max Supply
N/A
1 RLUSD = $1.00
| All-Time High | $1.07 (December 26, 2024) |
| All-Time Low | $0.962292 (December 17, 2024) |
Ripple USD is a fiat-backed stablecoin issued by Standard Custody & Trust Company, a subsidiary of Ripple Labs. Each token is designed to be redeemable for one U.S. dollar, backed by at least an equivalent amount of cash and cash equivalents held by the issuer. It is built for cross-border payments and institutional settlement rather than retail speculation, leveraging Ripple's decade of relationships in enterprise payment infrastructure.
RLUSD trades at approximately $0.999961, effectively at its dollar peg, with a market capitalization near $2.36 billion and a CoinGecko market cap rank of #42. Daily trading volume sits around $305.7 million, and circulating supply of roughly 2.363 billion tokens closely matches total supply, consistent with a fully-collateralized mint-and-burn model. Its all-time high of $1.073, recorded December 26, 2024, reflects a temporary listing or liquidity anomaly rather than a sustained premium, since a dollar stablecoin is not designed to trade above par.
RLUSD operates on a mint-and-burn model: users deposit U.S. dollars with the issuer, receive an equivalent amount of RLUSD, and redeem tokens back for dollars, which are then burned. It is issued natively on the XRP Ledger, benefiting from fast, low-cost settlement, and on Ethereum, tapping the largest pool of DeFi liquidity. RLUSD enters a market dominated by Tether (USDT) and Circle's USDC, both with far larger supply and longer track records; its differentiator is Ripple's existing banking relationships rather than DeFi-native distribution, positioning it closer to USDC's compliance-first model than to overcollateralized stablecoins like DAI.
▼ +6.79% from ATH
| Trade → |
| Bybit | RLUSD/USDT | $1.00 | Trade → |
| Bullish | RLUSD/USDC | $1.00 | Trade → |
At the time of writing, Ripple USD (RLUSD) trades at $1.00, with a 24-hour trading volume of $272.06M and a total market capitalization of $2.5B. The asset is currently ranked #43 among all tracked cryptocurrencies by market cap.
Over the last 24 hours, the RLUSD price has rose +0.00%. On the seven-day chart, Ripple USD has climbed +0.01%, showing consistent upward momentum across both timeframes. Short-term price swings are often amplified by liquidity conditions, news flow, and derivatives positioning, so traders should confirm signals across multiple indicators before acting.
Ripple USD's all-time high of $1.07 was set on December 26, 2024. The current market price is +6.79% below that historical peak. Distance from the all-time high is a common reference point when evaluating long-term recoveries and identifying macro support or resistance levels.
Buying Ripple USD (RLUSD) is straightforward once you know which exchange to use and which trading pair offers the best liquidity. The steps below describe the typical flow used by most investors today.
You can also use the built-in Ripple USD converter above to estimate exactly how much RLUSD you would receive for a given amount in USD before placing an order.
Whether Ripple USD is a good investment depends on your goals, time horizon, and tolerance for volatility. Like all cryptocurrencies, RLUSD carries significant market risk — prices can rise or fall sharply in a single day, and past performance is not a reliable indicator of future returns.
This page provides data and analysis for educational purposes only. It is not financial advice. Always do your own research, diversify, and never invest more than you can afford to lose.