S&P Global Ratings, a leader in providing credit ratings, announced a crucial series of stability assessments for various stablecoins on Dec. 12, rating each asset’s stability strength on a five-point scale.
Lapo Guadagnuolo, senior analyst at S&P Global Ratings, said:
“We see stablecoins becoming further embedded into the fabric of financial markets, acting as an important bridge between digital and real-world assets … Our evaluations consider a variety of elements that can cause [stablecoins] to depeg below or above their targeted value”
Guadagnuolo noted that stablecoins are “not immune” to factors including asset quality, governance, and liquidity. Elsewhere in the announcement, S&P Global said that its ratings take into account quality risks, how over-collateralization and liquidation mechanisms limit risks, plus factors in five other areas.
The scale specifically aims to assess each stablecoin’s ability to maintain a stable value against a fiat currency,
We współpracy z: https://cryptoslate.com/usdc-tops-sp-globals-stablecoin-stability-chart-while-tether-faces-scrutiny/
