DeFi· ★★★★· bullish·

S&P Global Ratings launches Vault Risk Assessment for DeFi lending vaults

  • —VRA scores vaults on six factors with a letter grade carrying a (v) suffix
  • —An AAA(v) rating signals minimal relative risk of impairment, not creditworthiness
  • —Vault deposits rose from $1.5 billion to about $10 billion in two years
  • —S&P previously issued the first credit rating of a DeFi protocol, Sky Protocol
Why it matters: A top ratings agency is giving institutions a standard for assessing DeFi lending risk, which could accelerate capital inflows into the sector.
Source: Crypto Briefing
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