Ripple says Ripple USD (RLUSD) has become the first stablecoin to receive an investment-grade rating from Moodys, a day after the company won final approval for a national trust bank. The issuer targets 103% reserve coverage, while bankruptcy risks remain a qualification in the assessment. RLUSD Receives A2 and P-1 Ratings Moodys Ratings assigned RLUSD []
Ripple says Ripple USD (RLUSD) has become the first stablecoin to receive an investment-grade rating from Moodys, a day after the company won final approval for a national trust bank. The issuer targets 103% reserve coverage, while bankruptcy risks remain a qualification in the assessment. RLUSD Receives A2 and P-1 Ratings Moodys Ratings assigned RLUSD []
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