Ripple USD (RLUSD) has risen to the top of the Bluechip stablecoin rankings, signaling a resurgence of investor confidence in regulated digital dollars designed for institutional transparency and control. The independent rating agency Bluechip announced on July 18 that it had begun reviewing RLUSD, the dollar-backed stablecoin issued by Ripple, assigning it an 'A' rating. Ripple is expanding its regulatory presence by applying for a license in Luxembourg for operations in the EU and a national trust bank in the USA.