BlueChip gave the Ripple stablecoin an A rating based on three factors: stability, management, and governance. The stablecoin has a score of 0.91, 0.84, and 0.86, respectively. The assessment based on these scores means that the stablecoin is stable, while the management and governance are “very low risk.”
This would also boost the regulatory standing of the RLUSD and USDC stablecoins as they will now be regulated by the Office of the Comptroller of the Currency (OCC). Meanwhile, Tether’s USDT is ranked as 16th on Bluechip’s ranking with a D rating, indicating a lack of confidence in the stablecoin’s regulatory standard.
