Markets › News › Regulation

Moody's Assigns Investment-Grade Ratings to Ripple's RLUSD Stablecoin

Ripple's RLUSD stablecoin receives A2 and P-1 ratings from Moody's, marking a significant milestone for stablecoin infrastructure.

Ripple's RLUSD stablecoin receives A2 and P-1 ratings from Moody's, marking a significant milestone for stablecoin infrastructure. Ethereum (ETH) is trading at ₹2,22,456 ($2,334.36), up 0.3% since this brief published. This is an original Token Times brief based on reporting by Live Bitcoin News, with live market data added, as of Thu, 29 Oct 2026 20:00:01 UTC.

Why it matters

The investment-grade ratings from Moody's enhance RLUSD's credibility and risk profile, potentially boosting institutional adoption and trust in stablecoin infrastructure. This development also reflects the growing regulatory scrutiny and standardization in the stablecoin sector.

Key takeaways
  • Moody's assigns RLUSD A2 long-term and P-1 short-term investment-grade ratings.
  • RLUSD has a $2.6B circulating supply, issued by Ripple subsidiary SCTC.
  • Ratings apply to RLUSD on both XRP Ledger and Ethereum blockchains.
  • XRP community views the ratings as a positive catalyst for Ripple's ecosystem.

Moody's has assigned Ripple's RLUSD stablecoin an A2 long-term rating and P-1 short-term rating, indicating investment-grade status for both deposit terms. This development is significant for the stablecoin sector as it reflects growing regulatory scrutiny and the push for standardization.

The ratings apply to RLUSD issued on both the XRP Ledger and Ethereum blockchains by Standard Custody & Trust Company (SCTC), a subsidiary of Ripple. RLUSD currently has a circulating supply of $2.6 billion, according to DeFiLlama.

The ratings decision has been interpreted as a positive catalyst for Ripple's ecosystem, particularly within XRP communities. The assignment of investment-grade ratings is expected to enhance the risk profile of RLUSD and potentially boost institutional adoption.

This development comes amid a stablecoin market that has faced increased regulatory scrutiny and calls for standardization. The ratings provide a benchmark for evaluating the risk and credibility of stablecoins, which are increasingly being treated as credit risk instruments by financial firms.

In the current market context, the total crypto market cap stands at $2.77 trillion, with Bitcoin trading at $37,200, down 0.42% in the last 24 hours. Ethereum is at $2,326.44, experiencing a 1.28% decline in the same period. XRP, closely associated with Ripple, is trading at $1.28, down 3.38% in the last 24 hours.

Market reaction since this brief Live

Since this brief published about 1 hour ago, Ethereum (ETH) has moved from ₹2,21,700.78$2,326.44 to ₹2,22,455.52$2,334.36 — +0.34%.

$2,325$2,328$2,330$2,333$2,335 published · $2,326 now · $2,334 (+0.34%) Oct 29 18:54 UTC Oct 29 20:00 UTC
BeforeSince publishPublished · ₹2,21,700.78$2,326.44
CoinAt publishNowSince publish
ETH₹2,21,700.78$2,326.44₹2,22,455.52$2,334.36+0.34%
XRP₹121.98$1.28₹121.98$1.280.00%
RLUSD₹95.29$0.9999₹95.30$1.00+0.01%

The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in rupee

At today's peer-to-peer rate, 1 ETH ≈ ₹243,298.67 (about $2,334.36), down 1.4% over 24 hours. The rupee itself trades about 9.4% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.

₹2,22,455.52$2,334.36 ▼ 1.43%
+0.34% since this brief published
7d -2.00%MCap ₹27.18TFull ETH data →
XRP
#5
₹121.98$1.28 ▼ 3.82%
7d -1.74%MCap ₹7.75TFull XRP data →
#41
₹95.30$1.00 ▼ 0.00%
7d -0.00%MCap ₹249.11BFull RLUSD data →
The market when this published · October 29, 2026
Total market cap₹263.94T
Bitcoin 24h-0.42%
Ethereum 24h-1.28%
BTC dominance58.6%
Fear & Greed51 · Neutral
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 29, 2026.

RLUSD circulating supply$2.60BDeFiLlama ↗
Ethereum DeFi TVL$46.40BDeFiLlama ↗
Bitcoin DeFi TVL$6.25BDeFiLlama ↗

Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Moody's Assigns Investment-Grade Ratings to Ripple's — questions & answers

What ratings did Moody's assign to RLUSD?

Moody's assigned RLUSD an A2 long-term rating and P-1 short-term rating.

Who issues RLUSD stablecoin?

RLUSD is issued by Standard Custody & Trust Company, a Ripple subsidiary.

How much is RLUSD's circulating supply?

RLUSD has a circulating supply of $2.6 billion.

How much is 1 Ethereum worth in rupee today?

About ₹243,298.67 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,334.36. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.

Has Ethereum's price moved since this brief was published?

ETH is up 0.34% since this brief first published — trading at ₹2,22,456 ($2,334.36) now versus ₹2,21,701 ($2,326.44) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from Live Bitcoin News. It is not a copy of any one article — follow the source links above for the original reporting.

In this storyRipple Company
Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 29, 2026 ⛓ Timestamped at Bitcoin block #973,727 sha256:27cff2751d7654f9
Based on reporting by Live Bitcoin News — this is an original Token Times summary with live market data, not the original article.Live Bitcoin News · Oct 29 18:54 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.