RLUSD Shocks Market: Dethrones USDT & USDC as Most Trusted Stablecoin in 2025

The stablecoin wars just got bloodier. RLUSD—once a dark horse—just bulldozed past industry giants Tether and Circle to claim the #1 trust rating in Q3 2025.

How? By doing what legacy players pretend to do: delivering actual transparency. Audited reserves. Real-time attestations. The works—no 'trust us, bro' required.

Meanwhile, USDT's shadow banking roots show as regulators circle, and USDC's 'compliance-first' approach starts looking sluggish. RLUSD? It cut through the noise by being boringly reliable—the ultimate flex in crypto.

Funny how the 'stable' in stablecoin finally means something. Now watch Wall Street 'discover' this innovation right after retail bags the gains.

TLDR

• Ripple’s RLUSD stablecoin received an A rating from Bluechip, making it the most trusted in the market.
• RLUSD ranked higher than both USDT and USDC for the first time in Bluechip’s official ratings.
• Bluechip cited RLUSD’s reserve custody with BNY Mellon as a major factor in the top rating.
• The stablecoin’s compliance system and institutional minting capability contributed to its strong evaluation.
• RLUSD is one of the first blockchain-backed stablecoins approved under MiCA regulations in Luxembourg.

Bluechip has officially ranked Ripple’s RLUSD stablecoin as the most trusted in the market. The firm gave RLUSD an A rating based on its reserve custody, compliance framework, and minting controls. This is the first instance of a new stablecoin outranking both USDT and USDC in Bluechip’s rankings.

The agency confirmed the RLUSD rating is now available on its website and began formal coverage of the stablecoin. Bluechip referred to RLUSD as the new benchmark for institutional-grade trust and operational compliance. The MOVE strengthens Ripple’s position in the competitive stablecoin sector.

Bluechip highlighted RLUSD’s infrastructure as a leading reason for the top rating. It pointed to the reserves’ custody with BNY Mellon, a globally significant custodian. This backing and transparency separate RLUSD from traditional stablecoins.

RLUSD Surpasses USDT in Trust Metrics

Bluechip rated RLUSD above USDT due to its robust structure and reserve transparency. It underscored RLUSD’s reserve management through segregated accounts at BNY Mellon. The custodian’s systemically important status added credibility to the stablecoin.

The highest-rated stablecoin on Bluechip has never changed. But today, RLUSD becomes the new #1 ranked stablecoin.

Bluechip is beginning coverage for RLUSD by @Ripple with an initial rating of A.

This reflects our view that RLUSD is one of the safest stablecoins available. ⬇️ pic.twitter.com/hkLgvRNjwj

— Bluechip (@bluechip_org) July 18, 2025

Unlike USDT, RLUSD offers publicly verifiable reserves and discloses custodian relationships. These features reduce concerns over hidden exposures or undisclosed assets, providing stronger protection mechanisms for token holders.

Bluechip found RLUSD’s risk profile lower than USDT‘s due to its enterprise-focused architecture. Its compliance system meets institutional standards and supports transparent operations. As a result, RLUSD outperforms USDT in several evaluation categories.

RLUSD Edges Out USDC in Institutional Preference

Bluechip ranked RLUSD higher than USDC based on its corporate minting capability and MiCA-aligned framework. RLUSD recently entered Europe via Luxembourg, gaining traction under the new regulatory standards. This regional presence gives RLUSD a compliance advantage over USDC.

Ripple designed RLUSD to support large-scale settlements that appeal to enterprise users. Ripple emphasized the stablecoin’s security and scalability, aligning with business demands. This positions RLUSD to challenge USDC’s dominance in corporate blockchain payments.

John Deaton clarified that RLUSD competes more directly with USDC than with XRP. RLUSD’s architecture eliminates transparency gaps, a critical factor for compliance-driven institutions. Analysts view this as a strategic move by Ripple to expand stablecoin market share.