15 March 2025, London– RIB Group Holdings Ltd. (“RIB Group”) is set to redefine the stablecoin industry with the launch of RUSD (Digital Dollar), a revolutionary bank-grade, fiat-backed stablecoin. Scheduled for a soft launch in Q2 2024, RUSD addresses critical industry challenges, including trust, transparency, and real-time collateral verification.
As a global conglomerate of regulated financial entities, RIB Group operates across capital markets, banking, investment banking, credit facilities, asset management, trade finance, and payment solutions. The group also has a presence in oil and gas services, covering thermal power, oil platforms, gas flaring, oil refineries, and related industries. RIB Group’s investments extend to fully integrated and regulated investment banks worldwide.
A New Standard in Stablecoins
RUSD introduces an industry-first 1:1 cash collateral reserve through MaalChain’s. Unlike other stable coins, RUSD enhances transparency with real-time reserve verification, reducing verification frequency to a fraction of a second. It maintains a perpetual overcollateralization of 8-9%, ensuring full cash backing at all times, setting a new benchmark in financial security and stability.
Blockchain Technology development contract signing ceremony between RIBG and Tijarah in their KL office.
RIB Group has awarded the technology development contract to Tijarah Holding Ltd., a leading Islamic Digital Asset Service Provider based in Labuan, Malaysia. Maal Blockchain, Maal Data Labs Sdn Bhd, and AI Green Bubble Sdn Bhd—all Malaysian Digital Status companies—will play a pivotal role in ensuring regulatory compliance and technological innovation in RUSD’s infrastructure.
RUSD will launch within major financial ecosystems, ensuring broad adoption and liquidity:
- GenZ Wallet: A self-custody digital ID and digital asset wallet, facilitating RUSD transactions.
- United SocGen Trading Venue: A platform collaborating with tier-1 banks to provide liquidity.
- DGSWIFT Trade Finance: RUSD will be integrated for issuing digital trade finance instruments.
- Regulated European Exchange GCex.lt: RUSD will be paired with major cryptocurrencies, enhancing accessibility.
Additionally, RUSD will onboard regulated OTC partners, investment banks, and leading financial institutions to streamline on-ramping and off-ramping processes. The combined strength of these partnerships is expected to drive RUSD’s circulation to 1-10 million users in a short time.
By pioneering real-time reserve verification and enhanced collateralization, RUSD is positioned to set a new global standard for stablecoins, reinforcing trust, security, and institutional-grade reliability in digital finance.
About RIBG
RIB Group Holdings Ltd. is a Europe-based conglomerate of regulated entities offering comprehensive banking, financial, and oil C gas services. Its portfolio includes capital markets, investment banking, credit facilities, asset management, trade financing, FX transactions, derivatives, and payment gateways. In the oil C gas sector, it operates across thermal power, oil platforms, refineries, and gas flaring. With fully regulated investment banks in multiple jurisdictions, RIB Group delivers integrated financial solutions worldwide.
Social Media Links:
- https://x.com/RUSD_Official
- https://www.instagram.com/rusd_official/
- https://www.linkedin.com/company/rusd
Contact details
- Website: https://rib.digital/
- Company name: RIB Group Holdings Ltd.
- Contact person: [email protected]
- Country: United Kingdom
- City: London
- Email: [email protected]
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