A stablecoin just got something no stablecoin has had before: an investment-grade credit rating from a major agency. Moody's has assigned A2 long-term and P-1 short-term deposit ratings to Standard Custody & Trust Company's RLUSD, Ripple's dollar-backed stablecoin, in what reports describe as the first investment-grade assessment ever given to a stablecoin. In the same week, Visa disclosed...
