RLUSD Tops Stablecoin Ranking
The RLUSD stablecoin from Ripple received an 'A' rating from Bluechip agency and became the leader among stablecoins in terms of reliability.
RLUSD reserves are held at BNY Mellon and are backed by liquid and low-risk assets.
The issuer of RLUSD is Standard Custody & Trust Company, regulated by NYDFS, which enhances trust from institutional investors.