The Big Four accounting and auditing firm Deloitte released an independent report on March 26, verifying that Ripple’s U.S. dollar-denominated stablecoin, RLUSD, is fully backed by reserves. Ripple Labs is a blockchain and financial services company which launched the RLUSD stablecoin in December 2024. A stablecoin is a type of cryptocurrency that, unlike traditionally volatile cryptocurrencies like Bitcoin (BTC), tries to keep its value stable by being pegged 1:1 to a "stable" asset like the U.S. dollar. Deloitte said it confirmed that as of February 2026, RLUSD maintained reserves exceeding its ... (full story)