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 launch its Stablecoin Stability Assessments (SSAs) on-chain via Chainlink's DataLink publishing service.
DeFi protocols will gain direct access to S&P Global Ratings' Stablecoin Stability Assessments, a framework that systematically evaluates a stablecoin's risk and overall stability.
Author's summary: S&P Global partners with Chainlink for on-chain stablecoin ratings.