Usd Coin vs Ripple Usd: Key Differences (USDC vs RLUSD)
Complete side-by-side comparison of Usd Coin and Ripple Usd. Price, market cap, technology, and more.
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What is Usd Coin?
USDC (USD Coin) is a stablecoin pegged to the US dollar, designed to provide a digital alternative to traditional currency. It is widely used for transactions and as a store of value within the crypto ecosystem.
What is Ripple Usd?
Ripple USD is Ripple's regulated stablecoin, designed to complement XRP in cross-border payments. Fully backed by USD deposits, US treasuries, and cash equivalents. Available on both XRP Ledger and Ethereum. Ripple's institutional relationships and regulatory experience give RLUSD a credibility advantage in the stablecoin race.
Price Evolution
Percentage change from start of period
USDC+0.01%RLUSD-0.02%Detailed Comparison
| Metric | USDC | RLUSD |
|---|---|---|
| USDC RLUSD | ||
| Price & Market | ||
| Price | $1 | $1 |
Price $1 $1 | ||
| Market Cap | $74.18B | $1.60B |
Market Cap $74.18B $1.60B | ||
| 24h Volume | $11.83B | $133.72M |
24h Volume $11.83B $133.72M | ||
| Volume/Cap Ratio | 15.94% | 8.36% |
Volume/Cap Ratio 15.94% 8.36% | ||
| Market Dominance | 0.03564617% | 0.00076873% |
Market Dominance 0.03564617% 0.00076873% | ||
| All-Time High | $1.043 | $1.073 |
All-Time High $1.043 $1.073 | ||
| ATH Date | Nov 15, 2018 | Dec 26, 2024 |
ATH Date Nov 15, 2018 Dec 26, 2024 | ||
| Performance | ||
| 24h Change | 0.00% | 0.02% |
24h Change 0.00% 0.02% | ||
| 7d Change | 0.01% | 0.02% |
7d Change 0.01% 0.02% | ||
| 30d Change | 0.01% | 0.02% |
30d Change 0.01% 0.02% | ||
| Supply | ||
| Circulating Supply | 74.19B | 1.60B |
Circulating Supply 74.19B 1.60B | ||
| Total Supply | 74.26B | 1.60B |
Total Supply 74.26B 1.60B | ||
| Max Supply | Unlimited | Unlimited |
Max Supply Unlimited Unlimited | ||
| Technology | ||
| Consensus | N/A | XRP Ledger / Ethereum |
Consensus N/A XRP Ledger / Ethereum | ||
| Block Time | N/A | N/A (Stablecoin) |
Block Time N/A N/A (Stablecoin) | ||
| TPS (Transactions/sec) | N/A | N/A |
TPS (Transactions/sec) N/A N/A | ||
| Launch Year | N/A | 2024 |
Launch Year N/A 2024 | ||
| Transaction Fees | ||
| Average Fee | $0.50-$20 | < $0.01 |
Average Fee $0.50-$20 < $0.01 | ||
| Fee Model | Ethereum gas fees (ERC-20) | XRP Ledger stablecoin |
Fee Model Ethereum gas fees (ERC-20) XRP Ledger stablecoin | ||
| General | ||
| Primary Use Case | N/A | Stablecoin, Cross-border payments |
Primary Use Case N/A Stablecoin, Cross-border payments | ||
| Founder | N/A | Ripple Labs |
Founder N/A Ripple Labs | ||
| Website | N/A | ripple.com/solutions/stablecoin |
Website | ||
| Volatility & Risk | ||
| Drawdown from ATH | 4.1% | 6.8% |
Drawdown from ATH 4.1% 6.8% | ||
Why Usd Coin?- ✓USDC is a widely accepted stablecoin pegged to the US dollar
- ✓Transparent monthly audits increase trust and accountability
- ✓Supports fast and low-cost transactions across multiple blockchains
Why Ripple Usd?- ✓Backed by Ripple's institutional payment network
- ✓Backed by Ripple's institutional payment network
- ✓Fully backed by USD deposits and US treasuries
- ✓Fully backed by USD deposits and US treasuries
- ✓Available on both XRP Ledger and Ethereum
- ✓Available on both XRP Ledger and Ethereum
Usd Coin Risks
- ✗Centralized control increases regulatory and operational risks
- ✗Dependence on fiat reserves may limit scalability and flexibility
- ✗Not suitable for high volatility investment strategies
Ripple Usd Risks
- ✗Very new - still building market adoption
- ✗Very new - still building market adoption
- ✗Competing in a crowded stablecoin market
- ✗Competing in a crowded stablecoin market
The Verdict
Both Usd Coin and Ripple Usd serve important roles in the crypto ecosystem. Many investors choose to hold both as part of a diversified crypto portfolio.
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