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Moody’s assigns investment-grade ratings to Ripple’s RLUSD stablecoin

The Block
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Moody’s assigns investment-grade ratings to Ripple’s RLUSD stablecoin

Moody's Ratings assigned the RLUSD A2 long-term and P-1 short-term ratings, citing credit quality and market value of its reserve assets.

Key Takeaways

  1. Moody's Ratings assigned the RLUSD A2 long-term and P-1 short-term ratings, citing credit quality and market value of its reserve assets.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from The Block. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.