Credit ratings compress complexity into clarity. In TradFi, they turn products into usable inputs. Unlocking liquidity, reducing search costs, and enabling scale. For the first time, a stablecoin system has crossed that threshold. That stablecoin is @SkyEcosystem USDS

@SPGlobal

S&P has issued its first ever Credit Rating for a stablecoin system. Not an "SSA" but an honest-to-goodness TradFi Credit Rating. @SkyEcosystem now carries a B- (Stable) rating under the same methodology @SPGlobal uses for nonbank financial institutions. A true milestone.

Previous efforts by S&P in the space are SSAs, external-view perspectives on liquidity and redeemability and comparing stablecoins against one another. Credit Ratings on the other hand, are a global frame of reference measuring an obligor's ability to meet financial obligations

This rating validates the core mechanics of Sky: transparent, overcollateralized, rules-based. It's not just a product anymore. It’s an input, ready for integration into the institutional stack and into the world economy

For more on @SkyEcosystem

For more on @grovedotfinance, the latest Sky Star

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