Ripple's RLUSD stablecoin received a Moody's long-term deposit rating of A2 and its highest short-term rating of P-1, covering RLUSD issued on XRP Ledger and Ethereum. Ripple also received final OCC approval to establish a national trust bank, which will manage RLUSD reserves and provide institutional custody, while Bank of New York Mellon remains the primary reserve custodian. The article argues the bigger question is whether XRP captures value from RLUSD's growth: XRP is needed for network fees and account reserves on XRP Ledger, but RLUSD transfers on Ethereum need no XRP for gas. A larger opportunity could come from institutions using XRP as a bridge asset in cross-currency payments, although RLUSD can also settle directly without XRP, and the author questions whether Ripple can replicate Binance's BUSD–BNB value-capture model.
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XRPUSDTRipplestablecoinscrypto
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Related tickers and likely impact
XRP/USDT
• NeutralXRP
Relevance: low
| 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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