Ripple’s RLUSD Stablecoin Earns Historic Moody’s Rating Following US Bank Approval
Key Highlights: Ripple’s $RLUSD has secured the first-ever investment-grade deposit rating from credit rating agency Moody’s. Reserve architecture maintained by SCTC targets a 103% overcollateralization ratio, backed by cash and short-duration U.S. government assets primarily custodied with The Bank of New York Mellon. Distribution of the stablecoin is expanding rapidly across premier platforms, including Robinhood, ...