Ripple’s RLUSD has reportedly become the first stablecoin to receive an investment-grade credit rating from Moody’s. The agency assigned RLUSD an A2 long-term rating and a P-1 short-term rating. P-1 is the highest possible short-term grade under Moody’s stablecoin framework. Jack McDonald, SVP of Stablecoins at Ripple, announced the development in a post on X. […]
Revolut began rolling out EURR, its first euro-denominated stablecoin, opening the token to what the company called a “select group of customers” in Denmark, Poland, and Portugal ahead of a wider European Economic Area (EEA) launch expected later this year. The token is issued by Bridge, the stablecoin infrastructure firm Stripe acquired for $1.1 billion […]