S&P Global partners with Chainlink to bring stablecoin ratings on-chain

S&P Global Partners with Chainlink

S&P Global and Chainlink have partnered to bring stablecoin ratings on-chain, providing transparent risk assessments for stablecoins used in DeFi protocols.

S&P Global Ratings, a leading global credit ratings provider, has collaborated with Chainlink to make its Stablecoin Stability Assessments (SSAs) available on-chain through Chainlink's DataLink publishing service.

The SSAs evaluate stablecoins on a scale from 1 (very strong) to 5 (weak), assessing their ability to maintain stable value relative to fiat currencies.

Author's summary: S&P Global partners with Chainlink for on-chain stablecoin ratings.

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