Mint Redeemable USD (RUSD)
RUSD is a stablecoin fully backed by US dollars. Minting RUSD means to create new RUSD by depositing USD into its reserve.
The process moves USD from your USD account to the reserves and sends the new RUSD to your wallet.
You can mint RUSD in several networks independently.
You are allowed to topup your account and mint a maximum of $500 only once to check the platform before verifying your identity.
This is hold in a traditional bank. You are the owner but not the custodian