01 /
Brief
Ripple's institutional stablecoin. ~$2.4B market cap. Backed 1:1 by cash and US Treasuries. Integrated with Deutsche Bank, SBI, and Aave.
02 /
Primary sources
Checks cover the claims listed below. Other details may still need review.
- Aave: RLUSD borrowing on Horizon (opens in a new tab)
Checked
- RLUSD provides borrowable stablecoin liquidity against tokenized securities on Horizon.
03 /
Snapshot
Key terms and identifiers.
- Asset classes
- Treasuries
- Token standards
- erc-20
- Jurisdiction
- US
- Analytics
- defillama.com/stablecoin/rlusd
04 /
Connections
Who they build with, build on, integrate with.
Dependency
Where this player builds on, integrates, or relies on others.
