S&P Global Ratings awarded a credit rating “B-” to Sky Protocol, formerly known as the Maker Protocol, the first time that a large agency has published a rating for a decentralized financial platform (DEFI). The rating is part of the continuous evaluation of stablecoin transmitters by S&P, which started in 2023 to assess their ability … Continue reading S&P Global extends credit ratings to cryptographic institutions, including stabaces and digital asset funds