Borrow RLUSD
against your XRP.
Your XRP goes into an escrow on the XRP Ledger that you sign yourself. Straid sends RLUSD to the same wallet. Repay before the deadline and the escrow opens back to you.
Signing in submits nothing to the ledger and costs nothing.
Today's terms
Reading the engine.
What happens
- 01 You sign in with your wallet. No password, no account.
- 02 You pick how much XRP to lock and see the exact terms.
- 03 You sign one escrow. The XRP never passes through us.
- 04 RLUSD arrives in your wallet, usually within a minute.
- 05 You repay, and the escrow opens back to you.
The longer version, including what happens if you do not repay.