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Ripple, Issuer of XRP, Gates Direct RLUSD Redemption at $1 Behind Approved Contracts

COINOTAG·November 1, 2026·1 min read
Ripple, Issuer of XRP, Gates Direct RLUSD Redemption at $1 Behind Approved Contracts

Ripple, issuer of XRP, gates direct RLUSD redemptions at $1 behind approved contracts. Separate contracts and compliance checks apply to direct redemptions, while exchange sales and Earn withdrawals follow different terms. This structure aims to maintain the stablecoin's peg and regulatory compliance.

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