Mesh Adds Support for Ripple USD (RLUSD)

We’re thrilled to officially support Ripple USD (RLUSD), the U.S.-dollar stablecoin issued by Ripple.

‍

Users now have RLUSD as a payment option alongside our 50+ other supported tokens, and merchants can easily accept it at checkout.

‍

Launched in 2024, RLUSD is a U.S.-dollar stablecoin that maintains full backing through a combination of dollar deposits, U.S. government bonds, and cash-equivalent instruments. In order to ensure the integrity and transparency of these reserves, it undergoes monthly attestations conducted by a licensed CPA. 

‍

It’s also one of the few stablecoins issued by a NY limited purpose trust company, offering a level of regulatory oversight that sets it apart. Built with transparency and compliance at its core, RLUSD reflects Ripple’s 10+ years as a trusted leader in the industry, known for its commitment to safety, compliance, and regulatory integrity.

‍

With Mesh now supporting RLUSD, users can easily deposit, transfer, and pay using the stablecoin, and merchants can accept it at checkout. Since it’s fully backed 1:1 to the U.S. dollar, RLUSD can be relied on by both users and merchants alike for stable, non-volatile payments.

‍

Click here to learn more about RLUSD

‍