More good news for $RLUSD this week - @moodysratings has assigned RLUSD an A2 long-term rating and P-1 short-term rating, the highest possible short-term rating under its new stablecoin framework. 

TL;DR: RLUSD is the first stablecoin to have ever received an investment-grade Moody’s rating. This is one of the most respected independent credit rating agencies in the world, and a massive validation of the quality, transparency and institutional-grade infrastructure behind RLUSD. 

Moody’s assessed everything from the credit quality and liquidity of @Ripple’s reserves to redemption arrangements, custody relationships, regulatory oversight, and operational controls in their rigorous methodology. 

As RLUSD continues to grow, this kind of independent validation matters more than ever. Moody’s has helped set the standard for assessing credit quality and risk across traditional finance for decades, and bringing that same level of assessment to stablecoins themselves is a major step forward for the industry.

Proud to see RLUSD helping set a new benchmark for institutional trust in stablecoins. https://ratings.moodys.com/ratings-news/475989