Moody's rates Ripple's RLUSD A2, yet the stablecoin still lacks MiCA approval in the EU

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Moody's has rated Ripple's dollar stablecoin RLUSD A2 and, short term, P-1, according to Ripple the first investment-grade rating for a stablecoin. For investors in Germany the token remains out of reach for now, because MiCA authorisation as an e-money token is still missing.Add as a preferred source on GoogleFollow on Google NewsRating agency Moody’s has given Ripple’s stablecoin RLUSD an investment-grade rating: A2 long term and P-1 short term. For you in Germany, that does not change availability for now, because RLUSD still has no authorisation in the European Union as an e-money token under MiCA. The rating assesses the issuer’s creditworthiness, not your access to the token. It is precisely this gap that makes the news interesting for German investors. A stablecoin can carry an investment-grade rating from one of the three big rating agencies and still not be tradable in the EU. What the rating covers, what it explicitly leaves open and which date in January 2027 matters ...