---
title: "Royal Dollar (RUSD) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/rusd-royal-dollar/"
description: "Build-time stablecoin profile for Royal Dollar (RUSD). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-05-15"
---



# Royal Dollar (RUSD)

**Peg:** US Dollar

**Backing:** Real-World Asset Backed

**Governance:** Centralized (CeFi)

**Status:** active

## Overview

A Royal/R Coins fiat-backed dollar on three chains whose reserve composition and redemption mechanics are not yet transparent enough to model rigorously.

Royal Dollar presents itself as a fiat-backed dollar issued by the Royal/R Coins ecosystem across Ethereum, BSC, and Tron. Public material supports the existence of issuer-managed reserves, but the composition and {{term:redemption}}redemption{{/term}} mechanics are not transparent enough to model as a high-quality fiat backstop. Pharos classifies the collateral as {{term:rwa}}RWA{{/term}}-backed while assigning a high reserve-risk slice until stronger {{term:attestation}}attestation{{/term}} data exists. Reserve validation is limited to confirming tracked on-chain supply and displaying the curated reserve view.

## Collateral

Issuer-managed fiat reserve assets and short-term liquid instruments disclosed by Royal/R Coins materials

## Peg Mechanism

Centralized 1:1 dollar token with issuer-managed mint and redemption processes for approved users

## Jurisdiction

| Country | Regulator | License |
| --- | --- | --- |
| Hong Kong | N/A | N/A |

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| ethereum | `0x44bb433d29fe966992a9c812da7f252c9c53f285` | 18 |
| bsc | `0x44bb433d29fe966992a9c812da7f252c9c53f285` | 18 |
| tron | `TUvns399UpycBBpVsCVJLCjXFBjzHrNUR1` | 18 |

## Live Data

Real-time price, supply, peg score, liquidity, and flow data live at https://api.pharos.watch/api/stablecoin/rusd-royal-dollar.