Who can redeem RLUSD for dollars
RLUSD is Ripple's stablecoin, and getting dollars for it directly is a gated process. A holder needs to be an approved customer. Owning the token isn't enough. The details of that approval, including what it takes to qualify and how long it runs, aren't laid out in the information available.
Exchange sales follow separate rules
Selling RLUSD on an exchange is a different route. Those sales follow different rules than direct redemption, so the approved-customer requirement attached to one isn't automatically the condition for the other. A holder who can sell on an exchange hasn't necessarily cleared the bar for redeeming directly for dollars.
Earn lending deposits run on their own terms
Deposits into Earn lending are in the same position. They also follow different rules than direct redemption. Where a holder parks RLUSD, in other words, changes which rules apply. What those Earn terms say isn't spelled out in the
