S&P Global's B- Sky Protocol rating indicates risks for the decentralized lending platform and its USDS stablecoin.
Press Release

Sky Protocol Rating: S&P Global Unveils Crucial B- Assessment for Decentralized Lending Platform

The world of decentralized finance just received a significant traditional finance assessment. S&P Global Ratings recently assigned a B- issuer credit rating to Sky Protocol, a prominent decentralized lending platform. This crucial evaluation offers a new perspective on the platform’s financial standing and its stablecoin, USDS. Indeed, this development signals a growing intersection between established […]