Independent auditing firm Deloitte has confirmed that Ripple $RLUSD Stablecoins are fully backed by liquid reserves.
This certificate is valid as of late February 2026. $RLUSD Maintained reserves that exceed circulating supply and strengthened the stability of the 1:1 US dollar peg.
Important points
- Deloitte audit reveals that Ripple $RLUSD As of late February 2026, reserves exceed circulating supply.
- As of February 27, 2026, $RLUSD It held $1.568 billion in reserves compared to 1.495 billion tokens in circulation.
- The report also confirmed that $RLUSDThe preliminary structure of is compliant with NYDFS regulatory guidance.
- According to Ripple’s official data $RLUSD As of this week, there were 1.41 billion tokens in circulation and approximately $1.49 billion in reserves.
ripple’s $RLUSD Stablecoins are overcollateralized
Ripple is moving deeper into regulated finance, as evidenced by an independent report from Deloitte. $RLUSD Maintain a strong reserve position. As of February 27, 2026, the stablecoin has approximately $1.568 billion in reserves against 1.495 billion tokens in circulation, fully backed by additional buffers.
A few days before that, on February 19th, $RLUSDThe circulating supply of is 1.54 billion tokens, backed by $1.61 billion in reserves. This early snapshot further demonstrates consistent reserve coverage despite fluctuations in the number of tokens in circulation.
In particular, the Deloitte certificate $RLUSD The reserve report covering February 19 and February 27, 2026 is prepared according to clearly defined criteria and accurately reflects the reserve assets backing the stablecoin.
For context, Ripple is not the first company to have its stablecoin reserves subject to a Big Four audit. Earlier this month, Tether took a similar step by selecting KPMG to audit its USDT stablecoin reserves as it moves forward with its U.S. expansion efforts.
$RLUSD Fully compliant with NYDFS requirements
According to the report, $RLUSD‘s reserve framework is also consistent with guidance from the New York State Department of Financial Services (NYDFS).
Specifically, the guidelines require issuers to hold reserve assets in segregated accounts and limit eligible underlying assets to conservative instruments. These include overnight reverse repurchase agreements, short-term U.S. Treasury securities, approved money market funds, and insured bank deposits.
Collectively, these safeguards help ensure liquidity, preserve capital, and maintain the ability to meet redemption requests.
$RLUSD Current balance
Additionally, the latest certification follows previous statements from Ripple’s regulated subsidiary, Standard Custody, which claimed that its reserve assets always matched or exceeded that number. $RLUSD Tokens in circulation.
The newly reported figures support that claim, showing a clear surplus in provisions over liabilities on both reporting dates. Meanwhile, Ripple’s data shows that: $RLUSD has a circulating supply of 1.41 billion tokens ($1.41 billion) and reserves worth approximately $1.49 billion as of March 26, 2026.
