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What is RLUSD? The Merchant Guide to Ripple's USD Stablecoin

What is RLUSD? The Merchant Guide to Ripple's USD Stablecoin

Stablecoins are the fastest-growing sector in digital finance, offering the speed of blockchain with the peg stability of fiat currency. RLUSD (Ripple USD) is a highly secure stablecoin backed 1:1 by US Dollar assets and short-term US treasuries.

For merchants using XRPay.it, RLUSD represents the ultimate settlement currency. It allows businesses to receive payments from global clients without currency risk.

Because RLUSD is natively integrated on the XRP Ledger, XRPay supports it directly. If you configure RLUSD as your settlement currency, you can receive incoming payments without worry of volatility.

Furthermore, RLUSD transactions can be automatically routed to your bank account. XRPay handles the non-custodial liquidation route through ChangeNOW and Bridge.xyz to sweep the funds to ACH or SEPA bank transfers.

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