Reservoir rUSD (RUSD): Uses, Supply and Risks

Reservoir rUSD (RUSD) is a dollar-denominated stablecoin associated with the Reservoir protocol. It is intended to maintain a value near one U.S. dollar, but that target is not a guarantee: the market price can move above or below $1. RUSD is a token, not the native coin of a blockchain. Its ticker is shared by other crypto assets, so check that a listing or contract specifically identifies Reservoir rUSD before transacting. Reservoir describes its protocol as using rUSD in products that include savings and staking. Public sources do not establish the full reserve design, redemption terms, or the exact mechanism used to maintain its dollar value. Those details matter when assessing how the token may behave during market stress. RUSD should therefore be understood as a stablecoin with a dollar target, not as cash or a bank deposit.

RUSD is used as a dollar-denominated token within Reservoir’s products and can also be held or transferred on supported networks. Reservoir materials describe a savings or staking product in which a user deposits rUSD and receives srUSD, a separate token representing that deposit. The amount or value of srUSD may depend on the product’s terms; the token name alone does not establish a guaranteed yield, a fixed exchange rate, or immediate redemption. Check Reservoir’s current documentation for the product’s deposit, withdrawal, and fee rules before using it. RUSD may also be useful to people who want to transact or account in a token designed to track the dollar, though its market price can depart from that target. These uses depend on the relevant app and network supporting the correct Reservoir token. RUSD itself does not confer ownership in a company or voting rights unless current protocol terms explicitly say otherwise.

As of 2026-11-05, reported circulating and total supply were both about 227,741 RUSD. No maximum supply was reported. The same snapshot put the token’s price at about $1.007 and its market capitalization at about $229,000; these figures change and should not be treated as current beyond that date. RUSD is issued on Ethereum, Sei, Arbitrum, Sonic, Avalanche, Katana, Plume Mainnet, Solana, Berachain, World Chain, Hyperliquid L1, BNB Chain, Unichain, and Base. It is not listed as the native token of any of these networks. Availability across multiple networks does not mean a token on one chain can automatically be used on another. Confirm the network, token contract, and any transfer or bridge method through Reservoir’s official materials before sending funds. A mistaken network or an incorrect token with the same ticker may lead to loss.

RUSD carries the risks of a stablecoin and of smart-contract-based finance. Its market value can fall below $1, and public sources do not establish a guaranteed redemption route, reserve composition, or protection from losses. Use of srUSD adds product-specific risks, including the possibility that withdrawals or the value represented by the token may depend on Reservoir’s contracts and operating conditions. A token-risk listing for an asset using the RUSD ticker flags possible contract-administrator powers such as changing fees, minting, or restricting transfers. Because tickers can refer to different assets, that warning should not be assumed to describe every Reservoir deployment; verify the exact contract and its permissions on the relevant chain. Do not rely on a token’s name or dollar target as proof of safety. Consider whether you can tolerate loss, and review current protocol documentation and contract details before depositing or transacting.

RUSD can generally be stored in a wallet that supports the specific network and token contract you hold. Before adding or sending it, confirm that the wallet is set to the intended chain and that the contract address comes from Reservoir’s official documentation. The symbol RUSD is not unique, so searching by ticker alone can select an unrelated token. Keep your wallet’s recovery phrase private and offline; never share it with a site, app, or person claiming to help you access RUSD. If you use a hardware wallet, check that it supports the relevant chain and transaction type. Transfers between networks may require a supported bridge or another protocol-specific process, and sending directly to an incompatible network can make funds inaccessible. srUSD is a different token from RUSD, so check which one a wallet or app is asking you to receive or deposit.