Royal Dollar (RUSD) is a U.S. dollar–referenced, reserve‑backed stable‑value token issued within the RCOINS ecosystem by The RIB Digital Holdings Limited. It is presented as targeting a 1:1 value relationship to the U.S. dollar and is positioned for institutional settlement, liquidity management, treasury operations, OTC and exchange liquidity, cross‑border payments, and collateralized financial applications across public blockchains. The project describes an operational model built around controlled minting and redemption, on‑chain transferability via smart contracts, and institutional compliance procedures. ^{[1] [2]}​

Overview

RUSD (Royal Dollar) is a USD-referenced stable-value digital token within the RCOINS ecosystem, issued by The RIB Digital Holdings Limited. It is designed to target a 1:1 value relationship with the U.S. dollar, subject to reserve sufficiency, redemption conditions, and market factors. The token is intended for use in settlement, treasury operations, OTC trading, exchange liquidity, cross-border payments, and collateralized financial applications across blockchain networks. According to project materials, RUSD is deployed on public blockchains and operates through smart contracts that support transferability, transparency, and controlled issuance. ^[2]

Features

RUSD is structured around a reserve-backed model that maintains stability through high-quality liquid assets, such as cash and cash equivalents, held in segregated accounts with an overcollateralization buffer. Minting and redemption are conducted through controlled, compliance-checked processes involving KYC/AML and sanctions screening, while secondary transfers occur on-chain under smart contract rules. The system includes on-chain supply visibility, reserve reporting, and periodic independent attestations intended to reconcile circulating tokens with underlying reserves. RUSD is positioned within a broader institutional framework that separates issuer, liquidity provider, and technology roles to support governance, transparency, and operational oversight across the ecosystem. ^{[1] [2]}