Moody's has assigned A2 long-term and P-1 short-term deposit ratings to Ripple's U.S. dollar stablecoin RLUSD, both investment-grade. The agency cited the credit quality and market value of the reserve assets, reserve coverage and liquidity. The reserve is mainly held in short-duration U.S. government assets and cash, largely U.S. Treasury bills held at The Bank of New York Mellon. Ripple said RLUSD is the first stablecoin to receive an investment-grade rating from Moody's, days after the OCC approved Ripple National Trust Bank. RLUSD, pegged 1:1 to the dollar since its December 2024 launch, has grown to a $2.5 billion market capitalization.
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stablecoinscryptoMoody'sXRPUSDT
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Related tickers and likely impact
XRP/USDT
▲ Likely positiveXRP
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $82.0B |
| Close on 10/27/2026 | 1.33130 |
| Change that session | +1.69% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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