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Moody's Rates Ripple's $2.6B RLUSD Stablecoin A2, a Day After OCC Bank Approval

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Moody's Rates Ripple's $2.6B RLUSD Stablecoin A2, a Day After OCC Bank Approval

The ratings agency cited RLUSD's Treasury-heavy reserves, but noted that holders have no direct ownership interest in them for now.

Key Takeaways

  1. The ratings agency cited RLUSD's Treasury-heavy reserves, but noted that holders have no direct ownership interest in them for now.
  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 Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.