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Moody's rates Ripple's RLUSD stablecoin A2/P-1 but it remains unauthorized in the EU until 2027

Market News
03 Nov 2026, 09:29 WIB
CryptoTicker
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Bullish
Moody's rates Ripple's RLUSD stablecoin A2/P-1 but it remains unauthorized in the EU until 2027

Moody's has assigned an investment-grade rating of A2 (long-term) and P-1 (short-term) to Ripple's stablecoin RLUSD, marking a notable creditworthiness endorsement. However, RLUSD lacks authorization as an e-money token under the EU's MiCA regulation, meaning it cannot be legally offered to retail investors in the European Union yet. The issuer, Standard Custody & Trust Company, is regulated in New York, and RLUSD is backed by cash and short-dated US government securities with about 103% reserve coverage. EU providers licensed under MiCA must unwind holdings of unauthorized stablecoins like RLUSD by January 8, 2027, which is the key date for potential market access changes in Europe.

XRP, Ripple's native token, is trading at Rp22.776 on Pluang as of Nov 03, 2026 14:41 WIB, showing a modest 0.55% increase in the last day. The market capitalization of XRP stands at Rp1.436,49 trillion, reflecting strong investor interest. Buy orders dominate with 64% of activity, and typical holders keep their positions for about 73 days on the platform.

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