S&P Global assigns Sky Protocol a “B-” credit rating
2025-08-08 12:08:42 Primitive Reading

　S&P Global has given a "B-" credit rating to USDS issuer Sky Protocol. According to Sky, this is the first time this rating agency has issued a credit rating for a stablecoin system. According to the official S&P website, a B rating means that the entity is more susceptible to adverse business, financial, and economic conditions, but currently still has the ability to fulfill financial obligations.

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