Moody’s gives Sky Protocol B3 rating as institutional interest in USDS grows
Moody's assigned Sky a B3 issuer rating with a stable outlook, its first rating of a stablecoin protocol. Sky is also rated B- by S&P.
Archive context
Fresh in the current trading session. It maps to a high-priority topic hub.
Why this matters
This maps to the Institutional Adoption hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on The BlockRelated market context
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