S&P Global and Chainlink Bring Stablecoin Stability Assessments On-Chain
S&P Global Ratings has partnered with chainlink to deliver its Stablecoin Stability Assessments (SSAs) on-chain via DataLink. This marks the first time S&P's independent stablecoin risk analysis is directly accessible within decentralized finance (DeFi) protocols and smart contracts.
The SSAs evaluate stablecoins on a 1-to-5 scale based on their ability to maintain value parity with fiat currencies. While not formal credit ratings, these assessments provide institutional-grade risk metrics as digital asset adoption accelerates. The integration enables real-time incorporation of S&P's analytics into DeFi platforms' automated processes.
"This collaboration meets institutional participants where they operate," said an S&P representative, highlighting the growing demand for on-chain risk infrastructure. The MOVE bridges traditional finance credibility with blockchain's programmability, potentially setting new standards for stablecoin transparency.