S&P Global is joining forces with Chainlink to offer real-time risk assessments for significant stablecoins to DeFi protocols. The newly launched Stablecoin Stability Assessments will be initially available on Coinbase’s Base network. These assessments are not credit ratings, but they evaluate stablecoins based on their ability to maintain a 1:1 value ratio to the underlying assets. The integration of these assessments with Chainlink’s infrastructure significantly aids market transparency and sound decision-making in the DeFi landscape.
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