S&P Global Joins Chainlink to Publish $300 Billion Stablecoin Ratings On-Chain
S&P Global Ratings has partnered with chainlink to bring its Stablecoin Stability Assessments (SSAs) on-chain for the first time. This collaboration leverages Chainlink's DataLink service to provide real-time stability data for stablecoins directly to smart contracts, DeFi protocols, and institutional investors.
The MOVE comes as the stablecoin market capitalization surges past $300 billion, up from $173 billion the previous year. Regulatory clarity, including the recent GENIUS Act in the U.S., has accelerated institutional interest in blockchain-based financial systems.
Transparency and trust are central to this initiative. By publishing SSAs on-chain, S&P Global and Chainlink aim to bridge traditional finance with decentralized ecosystems, reinforcing stablecoins' role in the evolving digital asset landscape.