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Moody’s RLUSD Rating Hits A2 Investment Grade for Ripple

Moody’s RLUSD Rating Hits A2 Investment Grade for Ripple

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Moody's RLUSD rating now puts Ripple USD at A2 for long-term deposits and P-1 for short-term deposits. Moody's Ratings calls both marks investment grade under its stablecoin framework. Standard Custody & Trust Company (SCTC), a Ripple unit, issues the dollar token on the XRP Ledger and Ethereum. For firms that treat stablecoins as credit risk, the stake is a named score on reserves, liquidity, and redemptions. It is not a peg promise. What Moody's RLUSD Rating Says About Reserves According to Moody's ratings note , the A2 mark reflects reserve assets, market value, and cash on hand.

Source: Live Bitcoin News

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