ONCHAINBENCHMARKTerminal
Coverage/RLUSD
Log in
OverviewResearch→

Indexes

RWA QualityStablecoin Quality

Data

RWA Tracked CapitalHome-Chain Distribution

API Keys

API Keys

Site ↗

Methodology ↗Coverage ↗Issuers ↗Pipeline ↗
RLUSDStablecoin·Ripple·LiveAs of Aug 28, 2026

Ripple USD

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

Stablecoin Quality Rating
74/ 100
Institutional Grade+1 pts / 30dData gap: Disclosure Quality · Redemption Liquidity · Structural Trust

Deployments

ETHEthereum· Primary
View on explorer →

0x8292Bb45bf1Ee4d140127049757C2E0fF06317eD

XRPXRP Ledger
View on explorer →

rMxCKbEDwqr76QuheSUMdEGf4B9xJ8m5De:524C555344000000000000000000000000000000

OCB — 01·Rating breakdown
Methodology v1.2 · Aug 28, 2026

RLUSD across four dimensions

Reserve23 / 25
Redemption17 / 25
Transparency20 / 25
ConcentrationLIMITING14 / 25
Gap to institutional grade (≥70)Cleared

Signal readings

Top-10 holder pct
55.2%

Custody & backing fields are descriptive — published, not scored

OCB — 02·Outstanding supply
$2.18B

RLUSD supply over time

RLUSD · Ripple

Outstanding supply (USD)

RLUSD outstanding supply is $2.18B as of Aug 27, 2026. +37.2% over the prior 30 days.

ONCHAIN
BENCHMARK
USD DATE $0.00 $500.00M $1.00B $1.50B $2.00B $2.50B Jul 26 Jul 26 Jul 26 Jul 26 Aug 26 Aug 26 Aug 26 Aug 26 Aug 26 $2.18B
Source: OCB · RLUSD · onchainbenchmark.comUpdated daily
OCB — 03·Rating history
39 readings

RLUSD trust rating since coverage began

RLUSD · Stablecoin Quality Rating

Composite rating (0–100)

RLUSD rating is 74 as of Aug 28, 2026. +1 points over the prior 30 days.

ONCHAIN
BENCHMARK
TRUST SCORE 0–100 DATE 0 30 60 90 100 Jul 26 Jul 26 Jul 26 Aug 26 Aug 26 Aug 26 Aug 26 Aug 26 Aug 26 Aug 26 75
Source: OCB Trust Ratings · RLUSD · onchainbenchmark.comUpdated daily
OCB — 04·Coverage gaps + diligence

What closes the gap — and who closes it

Redemption Liquidity· 1 finding
data gapredemption liquidity gap90% confidence

gap:liquidity

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
Disclosure Quality — issuer disclosure· 2 findings
contract addressEthereum contract95% confidence

Contract address verified on Ethereum: (primary deployment)

Address confirmed active onchain.

Score impact: Confirms onchain existence; feeds custody_verification sub-signal

Verified Jul 14, 2026· instrument_deployments registry — chain_id 1
contract addressXRP Ledger contract95% confidence

rMxCKbEDwqr76QuheSUMdEGf4B9xJ8m5De:524C555344000000000000000000000000000000

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

Address confirmed active onchain.

Score impact: Confirms onchain existence; feeds custody_verification sub-signal

Verified Jul 14, 2026· instrument_deployments registry — chain_id 1105
Holder Concentration· 1 finding
data gapholder concentration gap90% confidence

gap:concentration

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
Methodology

RLUSD is scored across the same four dimensions as every other rated instrument in its class — Reserve Quality, Redemption Depth, Holder Concentration, and Transparency. Each dimension contributes up to 25 points. The dimension breakdown above shows where the score comes from; the diligence trail shows every verified fact behind it.

Read the full methodology →
OnChain Benchmark
HomeIndexInstrumentsMethodologySubmit for inclusion
Independent · Not investment advice
IndexesInstrumentsDataResearchAPI Keys