Moody's has given Ripple's RLUSD stablecoin an A2 long-term and Prime-1 short-term deposit rating, marking it as the first stablecoin to receive an investment-grade rating under Moody's new framework. The rating reflects RLUSD's 103% reserve coverage, with BNY Mellon as the primary custodian, and coincides with Ripple's expanding banking partnerships and a circulating supply of about $2.5 billion. This credit rating helps institutions assess RLUSD's repayment capacity but does not guarantee redemption or stablecoin peg maintenance. The rating highlights growing institutional acceptance but does not automatically translate to broader bank approval or usage.
Following the news of Ripple's RLUSD stablecoin receiving an A2 investment-grade rating from Moody's, XRP, Ripple's native token, is trading at Rp24.195 on Pluang with a positive 3.00% change over the past day. As of Oct 28, 2026, 16:31 WIB, XRP has a market cap of Rp1.534,37 trillion and a 24-hour trading volume of Rp29,77 trillion on the platform. Pluang users show a selling bias with 65% of orders to sell and a typical hold time of 72 days.
US Treasury Secretary Scott Bessent announced at Ripple's Swell conference that the Treasury will collaborate with the SEC and CFTC to regulate crypto following the Senate's narrow rejection of the Digital Asset Market Clarity Act. The failure of the...
XRP traded at $1.32 as of 3:29 a.m. ET on October 28, marking a 1.99% increase over the previous 24 hours. This price movement indicates a modest upward trend in the digital asset market for XRP. Investors may see this as a positive sign amid ongoing...
Moody’s has assigned an A2 long-term rating and a P-1 short-term rating to Ripple’s USD-denominated stablecoin RLUSD, marking one of the first formal credit ratings for a blockchain-native stablecoin. The A2 rating indicates low long-term credit risk...
On October 27, 2026, Zcash (ZEC) was the only altcoin spot ETF to record net inflows, attracting fresh capital amid mixed flows in the altcoin ETF market. Solana (SOL) spot ETFs experienced $19.16 million in net outflows, continuing withdrawals for a...
Crypto analyst EGRAG CRYPTO highlights Nov. 5 as a key date to watch XRP's price movement following the Ripple Swell 2026 conference held from Oct. 27-29 in New York City. The analysis reviews nine past Swell events from 2017 to 2025 but cautions tha...
