
Moody's assigns RLUSD an A2 rating as Coinbase lists the stablecoin
- —Moody's based the rating on reserves held in short-term US Treasuries and cash at BNY
- —Reserves target 103% coverage, with par redemption within two business days
- —Coinbase supports RLUSD on the XRP Ledger, Ethereum and Base
- —Legal protection for holders only arrives with the GENIUS Act in January 2027
Why it matters: The rating lowers compliance friction for institutions, but actual settlement volumes and collateral use will determine the real impact.
Source: CryptoActu
More on this
Regulation · yesterdayGarlinghouse Opens Swell: OCC Approves Ripple National Trust Bank, RLUSD Gets A2 Rating
Macro · Oct 27Moody's Zandi urges Fed to hold rates at this week's meeting
Exchanges · yesterdayRipple brings RLUSD to Coinbase, Hyperliquid to unlock 180K HYPE, Zcash debates dev fund