RLUSD – Ripple's new stablecoin – has officially risen to number 1 in Bluechip's ranking, an independent rating organization specializing in analyzing stablecoins. This event marks an important milestone in Ripple's expansion journey in the tightly regulated, transparent digital finance sector that serves the needs of large institutions.

Bluechip: RLUSD – The Highest Rated Stablecoin

On July 18, Bluechip officially announced the start of evaluating RLUSD and immediately ranked it number 1, surpassing a series of other major competitors. RLUSD was rated "A", with specific indicators:

  • Stability: 0.91

  • Asset Management: 0.84

  • Governance & Supervision: 0.86

All belong to the “Very Stable” and “Very Low Risk” category, according to Bluechip's classification standards.

Collateral Assets: Safe and Reliable

RLUSD is backed by a portfolio of assets including:

  • U.S. Treasury bills

  • Government money market funds

  • High liquidity bank deposits

According to Bluechip, these are all assets with very low credit risk and term risk, ensuring RLUSD maintains stable and transparent value.

In particular, RLUSD is supervised by the New York Department of Financial Services (NYDFS) – one of the strictest regulatory agencies in the United States, requiring high standards for reserves, custody, and periodic financial reporting.

Comparison With Other Stablecoins

In the same report from Bluechip, several other popular stablecoins are ranked as follows:

  • Gemini's GUSD: 3rd place

  • PayPal's PYUSD: 5th place

  • Circle's USDC: rated B+

  • Tether's USDT: only scored “D”, reflecting long-standing concerns about transparency and asset quality.

The rise of RLUSD indicates a shift in the expected standards for stablecoins, especially from global financial institutions and businesses.

Ripple Expands Global Scale

Not only stopping at issuing stablecoins, Ripple is also:

  • Applying for a license in Luxembourg to expand operations into the European market

  • Applying for a national trust bank license in the U.S., demonstrating a long-term commitment to the regulated financial market

  • Establishing strategic partnerships with major organizations such as BNY Mellon (reserve custodian) and Amina Bank (direct support)

Ripple's Response on Social Media

Immediately after Bluechip's announcement, Ripple posted on platform X (formerly Twitter):

“Designed for enterprise applications, RLUSD offers the security, compliance, and scale that global businesses require. We thank Bluechip for awarding RLUSD an A rating – the most reliable stablecoin in the market.”

Conclusion

RLUSD is quickly becoming the top stablecoin choice for financial institutions, businesses, and serious investors. With strong backing from Ripple and close supervision from regulators, RLUSD is not only a stable payment tool but also a strategic bridge between traditional finance and the blockchain world. $XRP