Regulation· ★★★· bullish·

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