In brief

  • Moody’s gives Ripple’s RLUSD an A2 long-term deposit rating and its highest short-term rating, P-1, both firmly investment grade.

  • The assessment reflects reserve quality, liquidity and segregated custody, with most reserves held in short-term U.S. government assets and cash.

  • RLUSD can make payments without XRP, so even a tenfold increase in stablecoin growth will not mean a tenfold increase in the price of XRP.

Read the original story, “Will XRP Holders Benefit from Ripple’s Moody’s-Rated Stablecoin?” by Luis Blanco on no.beincrypto.com

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