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Moody’s Assigns Ripple’s RLUSD A2 and P-1 Deposit Ratings

The Defiant·October 28, 2026·1 min read
Moody’s Assigns Ripple’s RLUSD A2 and P-1 Deposit Ratings

Moody's assigned A2 and P-1 deposit ratings to Ripple's RLUSD stablecoin, covering native tokens on XRP Ledger and Ethereum. The ratings weigh reserve safeguards against holders' exposure to issuer bankruptcy. RLUSD's high-grade rating reflects strong asset backing, though risks remain tied to Ripple's creditworthiness.

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