Topic
rlusd
2 stories
Moody's hands Ripple's RLUSD its first investment-grade stablecoin rating
Moody's assigned Ripple's RLUSD stablecoin an A2 long-term and P-1 short-term deposit rating, the agency's first investment-grade marks for a stablecoin, days after Ripple won a U.S. national trust bank charter.
Ripple wins full OCC approval for a national trust bank to hold its RLUSD reserves
The Office of the Comptroller of the Currency granted Ripple final approval for a national trust bank that will hold the reserves behind its $2.5 billion RLUSD stablecoin and offer institutional custody.