Will XRP Holders Gain From Ripple’s Moody’s-Rated Stablecoin?

Moody’s has given Ripple’s RLUSD stablecoin an A2 long-term deposit rating and a top P-1 short-term rating. The investment-grade score covers RLUSD on two blockchains. However, the milestone raises a bigger question for XRP holders: who actually captures the value? What Moody’s Rating Means for Ripple’s RLUSD Moody’s assigned the rating on October 28, covering RLUSD on both the XRP Ledger and Ethereum. The key details include: Moody’s assigned an A2 long-term deposit rating and a P-1 short-term rating, its highest. Reserves are held mostly in short-term U.S. government assets and cash at BNY. A 103% reserve coverage target set by Standard Custody & Trust Company. A market value near $2.5 billion since the stablecoin’s December 2024 launch.

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