S&P Global adn Chainlink Team Up for Stablecoin Risk Assessments
Customary financial firms are now venturing into the world of stablecoins. On October 14,S&P global and Chainlink announced a partnership to offer on-chain stablecoin risk scores. These Stablecoin Stability Assessments (SSAs) will first appear on Coinbase’s Base network.
ssas are not credit ratings but evaluate stablecoins on thier ability to maintain a 1:1 value with underlying assets. Ratings range from 1 (strong) to 5 (weak), considering factors like reserves, governance, liquidity, and compliance.
Chuck Mounts,Chief DeFi officer at S&P Global,explained,”Our SSAs,available on-chain via Chainlink,allow market participants to access assessments easily. This enhances clarity and informed decision-making in the DeFi space.”
chainlink’s integration ensures real-time access to these assessments for DeFi protocols. Sergey Nazarov, co-founder of Chainlink, noted, “S&P’s credibility helps major institutions adopt stablecoins at scale.”
By making SSAs available on-chain, Chainlink enables S&P to reach the digital asset economy. This move supports a secure and compliant foundation for digital markets.
The partnership comes as stablecoin adoption grows. By October 2025, the stablecoin market cap reached $304 billion, up from $173 billion the previous year.
