sp-global-integrates-chainlink-for-institutional-stablecoin-adoption
S&P Global Ratings has partnered with Chainlink to provide onchain access to its new Stablecoin Stability Assessments (SSAs), which evaluate how well stablecoins maintain their fiat peg. The SSAs launched on the Ethereum layer-2 Base network and may expand to other blockchains. These assessments, delivered through Chainlink’s DataLink service, rate stablecoins from 1 (very strong) to 5 (weak) for stability, allowing real-time risk evaluation for use in DeFi protocols. This marks the first time S&P Global Ratings data is available directly onchain. The partnership aims to support secure, compliant institutional adoption of stablecoins, a market now worth over $300 billion and potentially reaching $2 trillion by 2028. The move coincides with growing regulatory focus and the need for reliable risk assessments as various stablecoins use blockchain oracles for price stability. Chainlink continues to expand its network of major financial and institutional partners, maintaining dominance in the onchain oracle market and helping secure significant value in DeFi.
