S&P Assigns Sky Protocol B- Rating With Stable Outlook
- —S&P affirmed Sky Protocol's issuer credit rating at B- with a stable outlook
- —Reserves total roughly $92 million against a $150 million target
- —Stable assets (USDC and tokenized funds) reached $4.92 billion, or 50% of USDS and DAI
- —Combined USDS and DAI supply grew from $7.7 billion to $9.5 billion
Why it matters: The S&P rating adds transparency to a major DeFi stablecoin issuer and gives institutional investors a benchmark for assessing its credit profile.
Source: ChainCatcher 链捕手