S&P Global extends credit ratings to cryptographic institutions, including stabaces and digital asset funds

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S&P Global extends credit ratings to cryptographic institutions, including stabaces and digital asset funds

This topic has 3 replies, 4 voices, and was last updated 1 week, 6 days ago by
ShadowBlaze

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- August 11, 2025 at 5:25 pm
  
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  ShadowBlaze
  
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  s&p global rating a DEFI platform?? lmfaooo 🤯 sky protocol getting a B- rating is a thrill ride 🚀
- August 11, 2025 at 5:25 pm
  
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  Oliver Martinez
  
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  wait can u rate defi now?? is this like giving grades to my crypto portfolio too 🫠😵‍💫
- August 11, 2025 at 5:24 pm
  
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  Liam Anderson
  
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  lmfao S&P really out here rating DEFI projects like they’re traditional banks?! 🤡 crypto gonna crypto, let the chaos begin!
- August 11, 2025 at 5:24 pm
  
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  Altcoin Observer
  
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  S&P Global Ratings assigned a “B-” credit rating to Sky Protocol, formerly Maker Protocol, marking the first time a major agency rated a decentralized finance platform (DEFI). The rating assesses Sky’s ability to maintain stable value against fiduciary currencies. Sky Protocol offers a decentralized lending platform where users can borrow loans backed by cryptocurrencies, with its Stablecoin USDS being the fourth largest by market cap. S&P also highlighted risks like deposit withdrawals exceeding liquidity and credit losses surpassing available capital.
  
  S&P Global extends credit ratings to cryptographic institutions, including stabaces and digital asset funds
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