Ripple’s RLUSD Wins Historic Moody’s Rating After US Bank Approval

Ripple’s RLUSD Wins Historic Moody’s Rating After US Bank Approval

Ripple says Ripple USD (RLUSD) has become the first stablecoin to receive an investment-grade rating from Moody’s, a day after the company won final approval for a national trust bank. The issuer targets 103% reserve coverage, while bankruptcy risks remain a qualification in the assessment. RLUSD Receives A2 and P-1 Ratings Moody’s Ratings assigned RLUSD […]

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