In a most unexpected union, S&P Global Ratings has joined forces with the enigmatic Chainlink to unveil its Stablecoin Stability Assessments (SSAs) onchain-marking a significant step towards merging the venerable traditions of finance with the capricious world of decentralized finance (DeFi). š§µ
S&P Global Launches Onchain Stablecoin Risk Data via Chainlink
S&P Global (NYSE: SPGI) announced a collaboration between S&P Global Ratings and Chainlink to publish its Stablecoin Stability Assessments through Datalink, Chainlinkās institutional-grade data publishing service. The move makes S&Pās independent stablecoin risk analysis available directly to blockchain applications and smart contracts for the first time. š¤
The SSAs evaluate leading stablecoins on a five-point scale from āvery strongā to āweak,ā assessing their ability to maintain a stable value relative to fiat currencies. Although not credit ratings, the assessments provide risk transparency to investors and DeFi protocols seeking to integrate traditional analytical frameworks into their platforms. š§®
In the release published Tuesday, Chuck Mounts, S&P Globalās Chief DeFi Officer, said the partnership āunderscores our commitment to meeting clients where they areā and aims to enhance informed decision-making within DeFi. Datalink allows data providers to securely publish verified data onchain without building or maintaining their own infrastructure. š§±
Chainlink co-founder Sergey Nazarov described the integration as a key step for institutional adoption of stablecoins, emphasizing that it enables major financial entities to incorporate S&Pās analytics into the digital asset economy. Chainlinkās infrastructure, which has supported over $25 trillion in transaction value, already underpins much of the onchain economy and collaborates with major financial players such as Swift, Fidelity, and Mastercard. š¦
The onchain SSAs debut on Base, Coinbaseās Ethereum layer two (L2) network, with expansion to additional blockchains planned. S&Pās stablecoin framework currently covers assets such as tether ( USDT), USDC, and Sky Protocolās USDS/DAI. š
The collaboration follows the July passage of the GENIUS Act, which introduced the first U.S. federal regulatory framework for stablecoins. With the stablecoin marketās capitalization now above $300 billion, the partnership positions S&P and Chainlink to support the next phase of compliant, data-driven digital asset innovation. š
FAQ š§
- What is the purpose of S&P Globalās collaboration with Chainlink?
The partnership makes S&P Global Ratingsā Stablecoin Stability Assessments directly available to blockchain protocols. - What are Stablecoin Stability Assessments (SSAs)?
SSAs rate stablecoins on a five-point scale based on their ability to maintain value relative to fiat currencies. - Which blockchain hosts the initial launch of the onchain SSAs?
The assessments first launch on Base, an Ethereum layer two (L2) network incubated by Coinbase. - How does this benefit institutional DeFi participants?
It gives DeFi protocols and investors direct access to trusted stablecoin risk data within their onchain infrastructure.
Read More
- USD VES PREDICTION
- USD PLN PREDICTION
- FIL PREDICTION. FIL cryptocurrency
- EUR CNY PREDICTION
- JUP PREDICTION. JUP cryptocurrency
- BTC PREDICTION. BTC cryptocurrency
- INJ PREDICTION. INJ cryptocurrency
- STETH PREDICTION. STETH cryptocurrency
- NEAR PREDICTION. NEAR cryptocurrency
- USD MYR PREDICTION
2025-10-14 20:38