1. What is RLUSD?
RLUSD is the official and regulated stablecoin developed by Ripple, created to always maintain an exact 1-to-1 parity with the US dollar. Unlike volatile assets, its value stays fixed because it has total and transparent backing: deposits at top-tier banks, US Treasury bonds, and highly liquid assets—without resorting to loans or risky instruments. It primarily runs on the XRP Ledger, but it’s also available on other blockchain networks, which makes it easier to use, move, and integrate with platforms such as Binance, exchanges, and financial applications.💯