Ripple USD (RLUSD)

Ripple USD (“RLUSD”), issued by Standard Custody & Trust Company, LLC, a wholly owned subsidiary of Ripple Labs, is a USD denominated stablecoin created with trust, liquidity, and compliance at its core. Each RLUSD is backed by at least an equivalent amount of U.S. dollars and other cash equivalents. RLUSD is purpose-built for cross-border payments and delivers reliable access to digital dollars. As an industry leader for over a decade, Ripple has a proven track record of delivering breakthrough blockchain solutions at scale. Strong ecosystem relationships built over a decade facilitates RLUSD’s broad accessibility for use by financial institutions, enterprises and developers. Ripple’s commitment to regulatory compliance, combined with its global license portfolio, enables RLUSD users to transact with confidence.

Description from CoinGecko.

Coin details

Name

Ripple USD

Symbol

RLUSD

Market cap rank

#33

Category

Stablecoins, USD Stablecoin, Ethereum Ecosystem

Runs on

Xrp

Circulating supply

2,711,048,257 RLUSD

Max supply

No fixed cap

Price in INR

₹93.84

Tax in India

30% on gains + 1% TDS on sale

Contract (Xrp)

524C5553…J8m5De

Contract (Ethereum)

0x8292bb…6317ed

Website

ripple.com/solutions/stablecoin

Whitepaper

docs.ripple.com

Explorer

xrpscan.com/token/524C555344000000000000000000000000000000.rMxCKbEDwqr76QuheSUMdEGf4B9xJ8m5De

X (Twitter)

x.com/Ripple