Ripple’s RLUSD Earns Moody’s Investment-Grade Rating in Stablecoin Milestone

Ripple’s RLUSD has reportedly become the first stablecoin to receive an investment-grade credit rating from Moody’s. The agency assigned RLUSD an A2 long-term rating and a P-1 short-term rating. P-1 is the highest possible short-term grade under Moody’s stablecoin framework. Jack McDonald, SVP of Stablecoins at Ripple, announced the development in a post on X. He said the assessment validates the “quality, transparency, and institutional-grade infrastructure” supporting the token. Moody’s Credit Rating Moody’s is a major credit rating agency known for assessing credit risk across traditional financial markets. It reviewed several aspects of the stablecoin’s operations. These included the credit quality and liquidity of its reserves, custody relationships, regulatory oversight, and operational controls.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CryptoPotato.