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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.
coindesk.com
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