The ratings agency cited RLUSD's Treasury-heavy reserves, but noted that holders have no direct ownership interest in them for now.
Moody's Rates Ripple's $2.6B RLUSD Stablecoin A2, a Day After OCC Bank Approval
The ratings agency cited RLUSD's Treasury-heavy reserves, but noted that holders have no direct ownership interest in them for now.
Some links on this page are affiliate links. We may earn a commission if you sign up, at no extra cost to you.
AI summary
Related news
House Oversight Chair Comer Probes Delaware Plan for AI-Run Companies
James Comer warned the proposed "AIC" could shield AI firms from liability, and asked Delaware's governor for documents by November 9.
Major Banks Sign on as DTCC Launches Tokenized Securities Service
The Depository Trust & Clearing Corporation has launched a blockchain tokenization service connecting Wall Street’s traditional securities infrastructure with digital markets,…
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.