RLUSD Lands on Coinbase With Moody’s Investment-Grade Ratings Behind It

By Isaac • October 29, 2026 7:17 am •

Ripple’s RLUSD has gained two things stablecoins need if they want to compete for serious financial use: broader distribution and a recognizable credit-risk signal.

The dollar-backed token is now available through Coinbase’s retail and institutional channels, with support spanning the XRP Ledger, Base and Ethereum. At the same time, Moody’s has assigned RLUSD an A2 long-term rating and a P-1 short-term rating.

CryptoSlate ties those developments together: Coinbase gives RLUSD access to a much larger U.S. trading and custody base, while the Moody’s ratings give institutional users a familiar way to evaluate the reserves and legal structure behind the token.

The report says the launch reaches Coinbase’s retail and institutional platforms and adds Base to RLUSD’s