Ripple’s RLUSD Stablecoin Gains Recognition, Ranks Above USDT and USDC

Bluechip has classified the Ripple-issued RLUSD stablecoin as the most trusted in market. RLUSD earned an A rating by the rating agency due to its safe reserves custody with the BNY Mellon, robust compliance system, and institutional minting capacity. This marks the first time a new stablecoin has topped both USDT and USDC in Bluechip’s rankings.