Ride USD

Stablecoin Payments for Transit

Ride USD is a stablecoin purpose-built for public and private transit and serves as the financial core of the Ride Ecosystem.

Built on Solana and fully backed 1:1 by USDC reserves, it delivers a secure, transparent digital dollar designed for real-world mobility operations.

More About Ride USD

Ride USD

Ride USD is a transportation-focused stablecoin designed to bring fast, low-cost, and fully transparent payments to public and private transit. Built on Solana and backed 1:1 by USDC reserves, Ride USD functions as a digital dollar for mobility.

Unlike volatile cryptocurrencies, a stablecoin maintains a stable value by being tied to a real asset - most commonly the U.S. dollar - so operators and riders can transact with confidence.

With Ride USD, every fare payment, settlement, and reward redemption happens instantly, creating a reliable financial layer for transit agencies, mobility providers, and travel partners.

Built for the U.S. Regulatory Environment

Recent U.S. legislation, including the GENIUS Act, has established clear requirements for reserve backing, custody, and oversight of stablecoins—creating a compliant framework for using digital dollars like Ride USD in consumer-facing, enterprise, and public-sector transportation systems.

This regulatory clarity enables operators, agencies, and commercial partners to confidently adopt stablecoin-based settlement for everyday transportation payments.

Operators

To begin using Ride USD, an operator first registers with RideDex, the ecosystem’s clearinghouse. Once approved, the operator gains access to mint Ride USD directly through RideDex and can immediately begin accepting the stablecoin as payment across their services. All Ride USD received from fares, passes, or settlements is deposited instantly into the operator’s on-chain treasury wallet, ensuring real-time liquidity and transparent financial reporting.

Riders

Riders can purchase Ride USD through the Ride Wallet app or through a custodial wallet integrated directly into an operator’s mobile app. Metroblox provides a simple SDK that operators can embed, allowing riders to buy, hold, and spend Ride USD without needing prior blockchain experience. This creates a smooth, familiar payment experience while maintaining full on-chain transparency and speed.

Transportation payments are some of the most frequent transactions in the economy, covering transit fares, parking, fuel, tolls and everyday mobility services. Yet behind the scenes, most of these payments still settle on legacy financial rails designed decades ago for retail purchases, not high-volume, low-margin mobility.

Transportation payments are uniquely challenging

Transactions are small but frequent
Margins are thin
Fees are disproportionately expensive
Settlement is slow and fragmented
Revenue is hard to share across providers

Whether it’s a $2 bus fare, a $6 parking session, a $45 fuel purchase, or a toll crossing, operators often lose 2–5% of every transaction to processing fees and wait days to receive funds.

Ride USD fixes this by modernizing the settlement layer, not the rider experience. Operators can continue using existing apps, cards, gates, pumps, meters, and POS systems — while Ride USD works behind the scenes to move value faster and cheaper.

Talk to a Mobility Payments Expert.