Ripple and RLUSD Gains Recognition in the Crypto Sector

San Francisco-based blockchain firm Ripple has secured dual recognition in the cryptocurrency sector within the last 24 hours. Firstly, popular independent agency Bluechip has ranked Ripple’s USD-pegged RLUSD as the most trusted stablecoin. In the same vein of good news, the payment firm became a part of CNBC’s top 300 global fintech companies for 2025. Ripple Goes on CNBC’s List of Top 300 Fintech Companies Worldwide Statista compiled a list of over 2,000 companies evaluated based on innovation, revenue growth, and market presence. Among all evaluated entities, Ripple stood out distinctly in the digital assets category, which encompasses blockchain, cryptocurrency, and Non-Fungible Token (NFT) platforms. This achievement recognizes Ripple’s expanding role in providing blockchain-based payment infrastructure. Ripple is keenly focused on enabling instant and secure cross-border transactions. Moreover, it is committed to complying with regulations across multiple jurisdictions. Apart from its work with XRP, Ripple’s strategic growth in stablecoin development and enterprise adoption has positioned it as a key player. RLUSD to Take Front Stage of Global Remittance On X, Ripple noted that its USD-pegged is a recipient of an “A” rating from Bluechip. The rating from the respected independent stablecoin rating agency reflects RLUSD’s strong performance across stability, management, and governance. Based on the three aforementioned metrics, it scored 0.91, 0.84, and 0.86, respectively. According to these metrics, RLUSD is classified as low risk and suitable for enterprise use. With this token, Ripple is positioning itself to become a global leader in the stablecoin remittance industry. A few days back, the company reaffirmed its commitment to solving long-standing problems in cross-border payments using blockchain. Ripple Expands Business in Europe Additionally, Ripple plans to introduce the US dollar-backed stablecoin in Europe through Luxembourg. This is all in a bid to expand across the European Economic Area (EEA). Already, there is Ripple Payments Europe SA in Luxembourg. Through this new office, the crypto payment firm is now preparing to apply for an Electronic Money Institution (EMI) licence. Once approved, the licence will permit the legal operations of RLUSD in all 30 EEA countries without needing separate licenses in each nation. Luxembourg is recognized as a well-established financial hub, housing numerous international banks. This includes Ripple’s partner and RLUSD custodian, BNY Mellon. The post Ripple and RLUSD Gains Recognition in the Crypto Sector appeared first on TheCoinrise.com .

Source: The Coin Rise