What changed
The ratings agency cited RLUSD's Treasury-heavy reserves, but noted that holders have no direct ownership interest in them for now 6B RLUSD Stablecoin A2, a Day After OCC Bank Approval
Why it matters
Regulatory risk around XRP can change volatility, liquidity, or sentiment. The concrete detail to watch is the ratings agency cited RLUSD's Treasury-heavy reserves, but noted that holders have no direct ownership interest in them for now
Trading lens
Use this as constructive context from decrypt.co. Watch whether 6B RLUSD Stablecoin A2, a Day After OCC Bank Approval confirms momentum, invalidates active bias, or changes timing.