
Ripple USD
RLUSD#39RLUSD is the regulated US dollar stablecoin issued by Ripple.
- Market cap
- $2.5B
- Volume 24h
- $66.82M
- All-time high
- —
- Circulating supply
- 2.5B
Does not clear all 8 Shariah criteria. Needs caution: nature of the asset and usage. Fails: business model.
- 5 pass
- 2 caution
- 1 fail
Verdict history
- DoubtfulCurrent
Verdict revised to DOUBTFUL: CryptoUmmah, the authoritative source that rates RLUSD, classes it as doubtful, and the issuer's income is essentially interest on reserves.
- Halal
First publication
A verdict change is published immediately. Projects with the Liberandum badge see “Status changed” within an hour.
AI Insight : Price is pegged: attractiveness is not assessed
Analysis at $1.00 · Oct 3, 2026How the rating is built
Six criteria scored by code. The long term weighs 65%, the next weeks 35%. Missing data lowers confidence, not the rating.
Price and market criteria are recalculated daily- Price valuationweight 25%No dataNot assessed for this asset
- Fundamentalsweight 30%SupportsScore 90 of 100Team, institutions, tokenomics, network: all Strong
- News backgroundweight 10%SupportsScore 75 of 100Positive · 1 up, 0 down in 30 days
- Trendweight 15%No dataNot assessed for this asset
- Upside vs downsideweight 12%No dataNot assessed for this asset
- Scenariosweight 8%No dataNot assessed for this asset
Criterion status: 60–100 supports, 40–59 neutral, below 40 weighs against. “Very attractive” is only possible when no criterion weighs against. Analytical information, not investment advice.
Fundamentals: Strong
RLUSD is a dollar stablecoin issued by a New York trust company owned by Ripple, backed by short-term Treasuries, cash and money-market funds with monthly Deloitte examinations; holders earn no yield and the issuer can freeze tokens.
Reviewed every 3 months and on major eventsNews: Positive
RLUSD supply kept growing fast, and Ripple is targeting corporate treasuries and new networks.
Reviewed monthly and when something material happens- PositiveRLUSD circulating supply reaches $2.4B, up over 50% in a month, as Ripple targets corporate treasuriesDaily activity rose to about $750M from $200M at the start of the year; Ripple plans wider use through its treasury clients, more networks and a MiCA dual-issuance route into Europe.
- PositiveOCC conditionally approves a national trust bank charter for RippleRipple National Trust Bank was one of five conditional approvals announced that day. A federal charter would add national banking supervision to the New York trust charter under which RLUSD is issued.
- PositiveAbu Dhabi regulator recognises RLUSD as an Accepted Fiat-Referenced Token in ADGMThe FSRA recognition lets licensed firms in the Abu Dhabi Global Market use RLUSD, which had passed $1.2 billion in market capitalisation. It was the second UAE financial centre to admit the token.
- PositiveDubai Financial Services Authority approves RLUSD as a recognised crypto tokenFirms licensed in the Dubai International Financial Centre may use RLUSD in their virtual asset services. It extended the token's regulated use beyond the US about six months after launch.
Price & market
Doubtful verdict: check the halal analysis before any decision.
Section in preparation
AI-assisted analysis. Not investment advice.
Technical analysis
4HSection in preparation
Where it trades
Section in preparation
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