TheTechno Optimist.

XRP LedgerRipple—Ripple releases rippled 3.1.0 with Single Asset Vaults and native lending protocol XLS-66RLUSDRipple—RLUSD supply reaches $1.53B after minting $20M moreRipple—Ripple invests in Flutterwave Series E; RLUSD designated for African paymentsRLUSDRipple—RLUSD becomes fastest-growing regulated stablecoin; reaches $1.7B supply

RLUSD

by RippleUS

Ripple USD is a dollar-backed stablecoin for institutions, regulated by NYDFS and DFSA. Backed 1:1 by USD cash and Treasuries, custodied by BNY Mellon.

DeployStage 4 of 5

$1.7B supply; NYDFS, DFSA, JFSA approved; expanding to L2s via Wormhole.

Updated Q2 2026Checked 10 Oct0 updates this week

Milestones

Next · Layer 2 expansion via Wormhole (Optimism, Base, etc)
  1. RLUSD receives NYDFS approval and launches17 Dec 2024Complete.
  2. BNY Mellon selected as custodianJul 2025Complete.
  3. RLUSD supply reaches $1.53B20 Feb 2026Complete.
  4. RLUSD reaches $1.7B; Q2 2026 fastest-growing regulated stablecoinQ2 2026Complete.
  5. Layer 2 expansion via Wormhole (Optimism, Base, etc)Target 2026Current milestone.

Most important updates

Upcoming

  1. 2026Layer 2 expansion via Wormhole (Optimism, Base, etc) (next)
  2. 2026Flutterwave settlement integration
Primer