$XRP RLUSD is designed to maintain a constant value of one US dollar. Ripple USD, issued on the basis of the XRP Ledger and Ethereum blockchains, is fully backed by a separate reserve of cash and their equivalents and is exchanged 1:1 for US dollars.

RLUSD will initially be listed on several exchanges and crypto platforms, including Uphold, MoonPay, Archax, and CoinMENA, with subsequent listings on Bitso, Bullish, Bitstamp, Mercado Bitcoin, Independent Reserve, Zero Hash, and others in the coming weeks.