Moodys Opens The XRP Floodgates

A major credit rating from Moody’s has given RLUSD a new level of recognition from traditional finance, and Digital Asset Investor believes the development could have broader implications for XRP. In a video attached to his X post , he described the announcement as potentially the biggest among several recent developments involving RLUSD, BNY, and Coinbase. His comments came after Ripple SVP of Stablecoins Jack McDonald announced that Moody’s Ratings had assigned RLUSD an A2 long-term rating and a P-1 short-term rating. The P-1 rating represents Moody’s highest short-term rating category under its stablecoin framework.