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Ripple USD (RLUSD) Receives Moody's A2 Long-Term and P-1 Short-Term Deposit Ratings

Odaily: Moody's has assigned Ripple USD (RLUSD) an A2 long-term and P-1 short-term deposit rating. Moody's stated that the strong ratings reflect the stablecoin's reserve coverage, liquidity, and redemption arrangements.