
Moody's Assigns Ripple's RLUSD Stablecoin an A2 Rating
- —RLUSD received an A2 long-term and P-1 short-term rating from Moody's
- —The rating signals high creditworthiness and institutional confidence
- —Ripple amplified the news via a post from Jack McDonald on X
- —RLUSD's price remains steady with no notable trading volume
Why it matters: The Moody's rating could accelerate RLUSD's integration into institutional financial systems and bolster confidence in the stablecoin.
Source: Coinfomania