Chainlink has announced a partnership with S&P Global to bring stablecoin risk assessments on-chain using Chainlink’s DataLink infrastructure. This collaboration enables S&P Global Ratings to provide Stablecoin Stability Assessments directly to blockchain networks, initially focusing on the Base network. The initiative aims to enhance transparency within decentralized finance (DeFi) and offers over 2,400 financial institutions access to critical risk metrics, including credit, market, and custody risks. This partnership is expected to facilitate broader institutional adoption of blockchain technology.
Chainlink and S&P Global Collaborate for On-Chain Stablecoin Risk Assessments
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