Regulation● Neutral

Moody's Gives Ripple's RLUSD Stablecoin an A2 Rating Day After Bank Approval

TradingGain Newsroom·19h ago·28 Oct 2026, 12:16 UTC

Moody's rated Ripple's $2.6B RLUSD stablecoin A2, one day after the OCC approved it as a bank. The agency pointed to reserves held mostly in US Treasuries, but said holders do not directly own those reserves for now.

XRPAt the time of writing, XRP traded at $1.32 (+0.59% in 24h).Live price →

Why it matters

The rating comes after a regulatory milestone, which may signal growing acceptance of stablecoins.
Treasury-heavy reserves were a key reason for the rating, which may matter to traders judging stablecoin safety.
Holders having no direct ownership of reserves is a gap that could affect how much trust traders place in RLUSD.

What to watch next

Watch for any change that gives RLUSD holders a direct ownership interest in the reserves, since Moody's flagged that gap.

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This brief is written by TradingGain from public reporting by Decrypt.Read original ↗

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TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.