Particle.news
Download on the App Store
4 ARTICLES
·
3h ago

S&P Global Brings Stablecoin Ratings On-Chain With Chainlink, Launching on Base

The move delivers machine-readable stability scores to DeFi, enabling protocols to automate risk controls using standardized assessments.

S&P Global partners with Chainlink to bring stablecoin ratings on-chain

Overview

  • Chainlink’s DataLink oracle will publish S&P’s Stablecoin Stability Assessments on-chain for real-time, tamper-resistant use by smart contracts.
  • The first deployment is on Base, an Ethereum Layer 2 incubated by Coinbase, and covers USDT, USDC, USDS, and DAI.
  • S&P’s framework scores stability from 1 (very strong) to 5 (weak) based on asset quality, governance, regulatory compliance, redeemability, liquidity, and track record.
  • The assessments measure operational and structural stability rather than serving as traditional credit ratings.
  • S&P currently evaluates 10 leading stablecoins, and executives say the on-chain feed is intended to increase transparency and support institutional adoption in a market now topping $300 billion.