RUSD, issued by The RIB Digital Holdings Limited, is a fiat-referenced stablecoin that references the U.S. dollar (USD) at a 1:1 rate for payments, OTC trading, exchange liquidity, and onchain settlement [S1].

Each RUSD token references one U.S. dollar (USD) and targets a fixed value of approximately 1.00 USD, subject to conditions [S1]. The token is value-tracking only and carries no yield, interest, coupon, or rebasing mechanism [S1]. Fiat-referenced reserves may include cash held in segregated accounts with regulated financial institutions and liquid cash-equivalent instruments [S1][S2]. The issuer describes the tokens as backed 1:1 by real value and elsewhere as over-collateralized [S3][S4].

The RIB Digital Holdings Limited is stated on the product page as a Hong Kong issuer and as the digital division of Royal Investment Bank within the RCCG Group, operating strictly as an issuer and governance entity rather than an exchange, broker, or trading venue [S1][S5][S3]. Royal Investment Bank Inc., Malaysia, is named as the liquidity provider [S1]. Minting and redemption are restricted to authorized participants and approved counterparties subject to onboarding, KYC and AML, and sanctions screening, with structured processes aligning circulating supply with reserve conditions [S1][S2]. Reserves may be held in segregated accounts with regulated financial institutions [S1].

RUSD is issued as an ERC-20 token on Ethereum, a BEP-20 token on BNB Smart Chain, and a TRC-20 token on TRON [S1]. Reserve verification uses Chainlink-based proof-of-reserve contracts that update automatically when reserves change, with onchain verification via Etherscan, BscScan, and TronScan [S5][S1]. Settlement is intended to run through the RxBridge hybrid settlement network [S4].

<Sources
  retrievedAt="2026-06-22"
  items={[
    { id: "S1", url: "https://www.rcoins.digital/RUSD.html" },
    { id: "S2", url: "https://www.rcoins.digital/REUR.html" },
    { id: "S3", url: "https://rcoins.digital" },
    { id: "S4", url: "https://www.rcoins.digital/RxBridge.html" },
    { id: "S5", url: "https://www.rcoins.digital/RCOINS-Background.html" },
  ]}
/>


# Asset senders (weekly) methodology

## 1. Overview

`Asset senders (weekly)` is defined as the number of unique addresses that initiate asset transfers over a rolling 7-day period. For each tracked asset, outgoing transactions are analyzed to identify the addresses responsible for moving tokens. This metric is utilized as a key indicator of weekly user activity and transactional engagement for tokenized assets across various blockchain networks. By aggregating unique sending addresses within a moving 7-day window, short-term fluctuations are smoothed out to provide a clearer view of active adoption.

## 2. Data sources

- **EVM chain events**: ERC-20 token transfers, covering EVM-compatible chains (Ethereum, Arbitrum, Base, Polygon, Optimism, and others)
- **Solana instructions**: Token transfer instructions
- **Other blockchain data**: Token transfer and withdrawal events from Aptos, Near, Polkadot Asset Hub, Stellar, Sui, Ripple, and others
- **Asset metadata**: Token contract addresses and asset mapping datasets

## 3. Step-by-step calculation

### Component A: Extraction of daily sending addresses

- **Purpose**: Identify and extract unique addresses initiating token transfers on a daily basis for each asset.
- **Logic**: On EVM-compatible chains, sending addresses are extracted from ERC-20 token transfers where the sender address is not the null address. On Solana, sending addresses are identified from token transfer instructions using the authority address. On Aptos, Sui, Cardano, and Stellar Classic, sending addresses are retrieved from token withdrawal events. On Stellar Soroban, transfers are parsed from Soroban token transfer events, excluding mint transactions where the sender address is null. On Polkadot Asset Hub, `Transferred` events from the `assets` pallet are parsed to identify the sender. On Ripple, outgoing transfers are identified where the transaction value is negative. On Near and Injective, sending addresses are extracted from token transfer events where the sender address is populated.
- **Key fields**: `timestamp` (block time truncated to the day), `token_address` (the contract or asset identifier), `sender_address` (the address initiating the transfer)

### Component B: Rolling 7-day window aggregation

- **Purpose**: Aggregate daily active senders into a rolling 7-day window to calculate weekly activity.
- **Logic**: A daily datespine is generated to establish a continuous timeline. For each day in the timeline, a rolling 7-day window is constructed by looking back at the preceding six days. Daily unique sending addresses are mapped to each active window based on their transaction timestamps.
- **Key fields**: `timestamp` (the reference day for the rolling window), `token_address` (the asset identifier), `sender_address` (the address active within the window)

### Component C: Final deduplication and aggregation

- **Purpose**: Calculate the final weekly unique sender count per asset and chain.
- **Logic**: Within each rolling 7-day window, sending addresses are deduplicated to ensure each unique address is counted only once per asset, regardless of transaction frequency. The deduplicated counts are aggregated at both the individual chain level and the global asset level. Missing dates are filled with zero values to maintain a continuous time series.
- **Key fields**: `timestamp` (the reference day), `chain_id` (the blockchain identifier), `token_address` (the asset contract address), `asset_senders_weekly` (the count of unique weekly sending addresses)

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Unique asset senders over a rolling 7-day window.

Asset senders (weekly)

Stablecoins

RIB Digital mints REUR on demand and earns revenue from issuance/redemption flows and treasury yield on the underlying euro reserves. The bulk of supply is held in issuer-controlled treasury addresses and released into circulation through OTC and partner integrations rather than direct on-chain sale.

RIB Digital issues the Royal Euro Token (REUR), a EUR-referenced stable-value token engineered for fast settlement across Ethereum, BNB Smart Chain, and Tron. REUR is designed to track 1:1 to the Euro, subject to reserve sufficiency and redemption terms set by the issuer.

The RIB Digital Holdings Limited is a Hong Kong-incorporated issuer of stable-value crypto-assets operating under the rcoins brand, focused on fiat-referenced settlement tokens for cross-border payments.

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Stablecoin issuers

RIB Digital

RIB Digital Royal Dollar (RUSD) is a U.S. dollar stablecoin issued by RIB Digital.

Professional investors and institutions can mint and redeem directly with RIB Digital after completing KYC.

RUSD has been issued on public blockchains since February 2026 and is native to BNB Chain, Ethereum, and Tron.

RIB Digital Royal DollarRUSD