Moody’s assigns investment-grade ratings to Ripple’s RLUSD stablecoin, according to multiple outlets. The ratings are reported as A2 long-term and P-1 short-term, with the timing highlighted as following a recent approval connected to the product’s banking arrangements.
Outlets describe Moody’s rationale in terms of the credit quality and market value of RLUSD’s reserve assets. Decrypt also notes that RLUSD reserves are described as Treasury-heavy, while Moody’s comments include that holders do not yet have a direct ownership interest in the reserves. The Block similarly focuses on reserve assets’ credit quality and market value.
Coverage also reflects where the story is being discussed publicly: Finbold places the news in the context of the XRP community gathering in New York for the Swell 2026 conference around the same time.
