Ripple Makes Stablecoin History With Top-Tier Moody's Rating

International rating agency Moody's Investors Service has assigned Ripple's RLUSD stablecoin a long-term credit rating of A2 and a short-term rating of P-1. This is the first case in the history of the digital asset market in which a native payment token has received a classic investment-grade assessment from a "Big Three" agency. The P-1 rating is the highest short-term liquidity score in Moody's methodology. In effect, the agency has equated the operational reliability of RLUSD redemption with the short-term obligations of stable commercial banks, setting a new benchmark for the entire digital fiat money industry. Moody's assigned high ratings based on an analysis of the strict collateral structure and operational standards that Ripple has deployed within the U.S. jurisdiction: The current expansion is systemic in nature.

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