Understanding Ripple USD (RLUSD)
Ripple USD (RLUSD) is a stablecoin designed to maintain a 1:1 peg with the US dollar. As a non-mineable cryptocurrency, it operates without traditional mining algorithms or proof types. With a circulating supply of 485,243,639 coins, RLUSD currently holds a market capitalization of $485,233,023, ranking it at position 161 among global cryptocurrencies.
👉 Track RLUSD's real-time price movements
Current RLUSD Market Status
- Price: $0.99985 (0.02% increase in 24 hours)
- 24-Hour Trading Volume: $27,489,645
- All-Time High: $1.07 (achieved on undisclosed date)
RLUSD Market Dynamics
Price Performance Analysis
- Weekly Change: 0% increase
- Monthly Change: 0.00% fluctuation
- Annual Change: 0% movement
The stability of RLUSD makes it an attractive option for traders seeking minimal volatility in the cryptocurrency market.
RLUSD Market Capitalization
Market capitalization serves as a key indicator of RLUSD's market position and stability. Calculated by multiplying the current price by circulating supply:
- Current Market Cap: $485.23 million
- Circulating Supply: 485.24 million RLUSD
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RLUSD Wallets and Storage Solutions
Secure storage is crucial for managing RLUSD holdings. Users can choose between:
- Software Wallets: Convenient for frequent transactions
- Hardware Wallets: Enhanced security for long-term storage
Always prioritize security features when selecting a wallet solution.
Where to Buy and Trade RLUSD?
RLUSD is available on multiple cryptocurrency exchanges, including:
- BITGET
- BITSO
Pro Tip: Compare prices across platforms to identify optimal buying opportunities.
Arbitrage Opportunities
Current arbitrage potential exists between:
- BITGET ($0.9997)
- BITSO ($1.00293)
Potential Profit: 0.32%
Latest RLUSD News and Developments
Major Adoption Milestones
AMINA Bank Integration (July 2025)
Switzerland's AMINA Bank became the first globally regulated bank to offer:
- RLUSD custody services
- Over-the-counter trading
This institutional adoption marks a significant step forward for stablecoin legitimacy in traditional finance.
Other Notable Developments
- VivoPower's $100M XRP Deployment (June 2025)
- Tokenized U.S. Treasuries on XRP Ledger
- Volume Fluctuations Following Minting Resumption
FAQ Section
What makes RLUSD different from other stablecoins?
RLUSD combines Ripple's payment network efficiency with stablecoin reliability, offering fast transactions with price stability.
How does RLUSD maintain its peg to the USD?
Through regular audits and reserve management, ensuring sufficient backing for all circulating tokens.
What are the tax implications of trading RLUSD?
Tax treatment varies by jurisdiction. Consult a local tax professional for guidance specific to your situation.
Can RLUSD be used for everyday purchases?
Yes, where accepted. Its stable value makes it suitable for transactions without cryptocurrency volatility concerns.
What's the best way to store RLUSD long-term?
Hardware wallets provide the most secure option for long-term storage of significant RLUSD holdings.
How does institutional adoption impact RLUSD's future?
Bank integration increases legitimacy and may lead to broader acceptance in traditional financial systems.