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

"Proud to see RLUSD helping set a new benchmark for institutional trust in stablecoins," said a Ripple exec. 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. Moody’s also assessed the stablecoin’s redemption process, which requires eligible institutional holders to receive funds at par within two full business days after a compliant request. The report highlighted safeguards such as daily reserve monitoring, weekly liquidity stress...