Ask about Ripple USD · freeKey Metrics
Fees 30d$7.53m
Fees 30d by chain
Off Chain$7.53m
Fees 7d$1.87m
Off Chain$1.87m
Fees 24h$273,799
Off Chain$273,799
Cumulative Fees$66.84m
Off Chain$66.84m
Revenue 30d$7.53m
Revenue 30d by chain
Off Chain$7.53m
Revenue 7d$1.87m
Off Chain$1.87m
Revenue 24h$273,799
Off Chain$273,799
Cumulative Revenue$66.84m
Off Chain$66.84m
Protocol Information
RLUSD is Ripple's USD-backed stablecoin for enterprise payments and liquidity, backed by cash and cash-equivalent reserves with attestation reporting
Methodology
Fees: All yields from RLUSD backing assets (U.S. Treasury bills and government money-market funds).View code on GitHubRevenue: All yields from RLUSD backing assets (U.S. Treasury bills and government money-market funds) collected by Standard Custody & Trust Company (Ripple).View code on GitHubRipple USD history
Fees and revenue by UTC calendar month, Jun 2025 to Nov 2026
| Month | Fees | Revenue |
|---|---|---|
| Jun 2025 | $505,746 | $505,746 |
| Jul 2025 | $1.62m | $1.62m |
| Aug 2025 | $2.02m | $2.02m |
| Sep 2025 | $2.05m | $2.05m |
| Oct 2025 | $2.35m | $2.35m |
| Nov 2025 | $3.1m | $3.1m |
| Dec 2025 | $3.73m | $3.73m |
| Jan 2026 | $3.75m | $3.75m |
| Feb 2026 | $3.64m | $3.64m |
| Mar 2026 | $4.12m | $4.12m |
| Apr 2026 | $3.82m | $3.82m |
| May 2026 | $4.44m | $4.44m |
| Jun 2026 | $4.45m | $4.45m |
| Jul 2026 | $4.45m | $4.45m |
| Aug 2026 | $5.1m | $5.1m |
| Sep 2026 | $6.98m | $6.98m |
| Oct 2026 | $7.62m | $7.62m |
| Nov 2026 (to date) | $3.11m | $3.11m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/ripple-usd
Frequently asked questions
What chains does Ripple USD operate on?
Ripple USD operates on Off Chain.
How much has Ripple USD generated in fees and revenue?
Over the past 30 days, Ripple USD generated $7.53m in fees. Of that, $7.53m was protocol revenue. Based on the trailing year, the annualized rate is $57.19m in fees and $57.19m in revenue.
How does Ripple USD's TVL compare to similar protocols?
Among Stablecoin Issuer protocols tracked by DefiLlama, Ripple USD ranks #6 by TVL. The category holds $250.35m across 6 protocols, and Ripple USD accounts for 0% of that total. Similar protocols include M0, Circle USDC, Tether, MetaMask USD, and Paxos Stablecoin Issuer.