Ripple’s RLUSD Wins Historic Moody’s Rating After US Bank Approval

Source: Bitcoin.com ·

Ripple’s RLUSD Wins Historic Moody’s Rating After US Bank Approval

Ripple says Ripple USD (RLUSD) has become the first stablecoin to receive an investment-grade rating from Moody’s, a day after the company won final approval for a national trust bank. The issuer targets 103% reserve coverage, while bankruptcy risks remain a qualification in the

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