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 […]