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Home›Crypto›Market Structure›Moody’s assigns B3 stablecoin protocol rating to Sky P…

Moody’s assigns B3 stablecoin protocol rating to Sky Protocol

Reported · Written up by our desk · Market Structure

Moody’s has assigned Sky Protocol a B3 issuer rating with a stable outlook, described as the protocol’s first rating of a stablecoin protocol, according to The Block.

The Block also reported that Sky is rated B- by S&P.

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Sources

The BlockMoody’s gives Sky Protocol B3 rating as institutional interest in USDS grows

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