Moody's Assigns A2 Long-Term and P-1 Short-Term Deposit Ratings to Ripple USD (RLUSD)

October 28: According to The Block, Moody's has assigned A2 long-term and P-1 short-term deposit ratings to Ripple USD (RLUSD). Moody's said the strong ratings reflect the stablecoin's reserve coverage, liquidity and redemption arrangements.