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OCB — Trust Rating

RLUSD Trust Rating

Ripple · NYDFS-chartered USD stablecoin issued by Standard Custody & Trust Co., backed by cash and short-dated U.S. Treasuries with monthly Deloitte attestations.

RLUSD (Ripple) scores 74/100 on OnChain Benchmark's Stablecoin Quality Rating — Institutional Grade band — across four dimensions: reserve quality 23/25, redemption depth 17/25, transparency 20/25, and holder concentration 14/25 (methodology v1.4-stablecoin, as of Aug 28, 2026).

RLUSDStablecoin

Stablecoin Quality Rating

74/ 100
Institutional Grade

OCB — 01

RLUSD across four dimensions

Each dimension is scored out of 25, and the four add directly to the /100 composite — an equal-weight, plain sum. Last scored Aug 28, 2026 on methodology v1.4-stablecoin.

DimensionScore
Reserve Quality23 / 25
Redemption Depth17 / 25
Transparency20 / 25
Holder Concentration14 / 25
CompositeΣ (score)74 / 100

OCB — 02

OCB Instrument

Outstanding supply

Measured onchain from the primary deployment, daily. Latest reading $2.18B.
ONCHAIN
BENCHMARK
Source: RLUSD · Stablecoin Quality Rating · onchainbenchmark.com2026-08-27 · Measured daily

OCB — 03

OCB Instrument

Rating history

RLUSD’s trust rating, measured daily.
ONCHAIN
BENCHMARK
Source: RLUSD · Stablecoin Quality Rating · onchainbenchmark.com2026-08-28 · Recomputed daily

OCB — 04

Evidence behind the rating

A sample of the verified facts behind RLUSD's score. Each finding carries a confidence level; the full diligence trail is in the terminal.

  • Disclosure Qualitycontract address95% confidence

    Contract address verified on Ethereum: 0x8292Bb45bf1Ee4d140127049757C2E0fF06317eD (primary deployment)

    Address confirmed active onchain.

    Verified Jul 14, 2026· instrument_deployments registry — chain_id 1
  • Disclosure Qualitycontract address95% confidence

    Contract address verified on XRP Ledger: rMxCKbEDwqr76QuheSUMdEGf4B9xJ8m5De:524C555344000000000000000000000000000000 (XRP Ledger deployment)

    Address confirmed active onchain.

    Verified Jul 14, 2026· instrument_deployments registry — chain_id 1105
  • Holder Concentrationdata gap90% confidence

    No holder concentration data available at time of scoring run.

    This gap is re-checked on every scoring run and will close once verifiable data is available.

    Verified Jul 14, 2026
  • Redemption Liquiditydata gap90% confidence

    No redemption liquidity data available at time of scoring run.

    This gap is re-checked on every scoring run and will close once verifiable data is available.

    Verified Jul 14, 2026

OCB — 05

Key facts

Issuer
Ripple
Asset class
Stablecoin
Chains
Ethereum · XRP Ledger
Methodology
v1.4-stablecoin
Last scored
Aug 28, 2026
Rubric
Stablecoin Quality Rating
Full diligence trail

The interactive terminal shows every verified fact behind RLUSD's rating — the dimension-by-dimension breakdown, scoring history, outstanding supply, anomalies, and the complete evidence trail with sources.

View full diligence trail in the terminal →Read the methodology →
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