Moody's assigns an A2 long-term and P-1 short-term deposit rating to Ripple stablecoin RLUSD.
Source:
x.com
Moody's assigned an A2 long-term and P-1 short-term deposit rating to Ripple USD (RLUSD). Moody's stated that these strong ratings reflect the stablecoin's reserve coverage, liquidity, and redemption arrangements.