RLUSD is Ripple's USD stablecoin, approved by the NY DFS in December 2024. Reserves are held in USD deposits, US Treasury bills, and money market instruments. Monthly attestations planned. Available on XRP Ledger and Ethereum, with plans to expand to additional networks.
Visit Ripple (RLUSD)It depends on what you need it to survive. Ripple (RLUSD) runs ny dfs-approved stablecoin custody, which has a single point of failure: one institution's failure can reach your bitcoin. Proof of Custody scores it 70/100 as of 2026-03-02. The score is an editorial judgement; the facts to check are the custody model, the single point of failure and the incident history below.
| Custody model | NY DFS-Approved Stablecoin Proof of Custody classification from the provider's own documents |
|---|---|
| Single point of failure | Yes: one institution, device or person can move or lose the holding Record as of 2026-03-02 |
| Who holds the keys | Not published in enough detail to state |
| Independence standard | 0 of 4 pillars met |
| Insurance | Not disclosed by the provider |
| Regulatory standing | NY DFS Limited Purpose Trust Charter Jurisdiction: New York, USA |
| Qualified custodian | No |
| Incidents in the registry | None recorded. Absence from the registry is not evidence of safety. |
| Fees | Competitive institutional pricing Provider pricing page; verify before relying on it |
| Minimum | $0 |
| Proof of Custody score | 70/100 Editorial judgement on the published methodology, as of 2026-03-02 |
Facts come from the provider's own documents and public filings, with the date they were last checked. The score is Proof of Custody's judgement. Dispute a row through the corrections process.
NY DFS-approved stablecoin launched December 2024. Reserves in USD deposits and short-term US Treasuries. Monthly attestations. Available on XRPL and Ethereum.
Very new product (launched Dec 2024). Limited track record. Ripple has unresolved SEC litigation history. Smaller market cap.
1 independent party or system must fail before a Ripple (RLUSD) holder's bitcoin is at risk.
Ripple (RLUSD)'s custody insurance is not publicly disclosed.
Ripple (RLUSD) uses a ny dfs-approved stablecoin model and scores 70/100 in our independent review, including 66/100 on custody security. One institution can move funds, which is a single point of failure. Safety depends on your priorities; see the full score breakdown above.
Ripple (RLUSD)'s custody insurance is not publicly disclosed in a form we can verify. Where it exists, custody insurance covers specific named events up to shared limits and does not cover price loss. Confirm coverage in writing before relying on it.
Because Ripple (RLUSD) holds custody through a single institution, recovery in a failure would run through that institution's bankruptcy or resolution process and depends on whether assets were segregated and properly titled. This is the concentration risk of single-custodian models.
Ripple (RLUSD) does not advertise a dedicated inheritance or beneficiary feature in the data we track. Confirm current options with the provider, since custody inheritance handling changes.