cryp1: Moody’s just rated the $2.6B RLUSD stablecoin, noting its…

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Moody’s just rated the $2.6B RLUSD stablecoin, noting its strong Treasury reserve backing, but clarified holders don’t own that backing outright yet—interesting insights into crypto‑fi’s evolving trust model. 🔗

Moody's Rates Ripple's $2.6B RLUSD Stablecoin A2, a Day After OCC Bank Approval - Decrypt

The ratings agency cited RLUSD's Treasury-heavy reserves, but noted that holders have no direct ownership interest in them for now.

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