S&P Global today announced a collaboration between S&P Global Ratings and Chainlink.S&P Global today announced a collaboration between S&P Global Ratings and Chainlink.

S&P Global Ratings and Chainlink Collaboration Brings S&P’s Stablecoin Stability Assessments On-Chain

By: Crypto Breaking News
2025/10/15 00:08
PoP Planet
P$0.08237-12.38%
S&p Global Ratings And Chainlink Collaboration Brings S&p’s Stablecoin Stability Assessments On-chain

NEW YORK, Oct. 14, 2025 – S&P Global (NYSE: SPGI) today announced a collaboration between S&P Global Ratings, the world’s leading provider of credit ratings, benchmarks and analytics, and Chainlink, the industry-standard oracle platform bringing the capital markets on-chain, to deliver S&P Global Ratings’ Stablecoin Stability Assessments (SSAs) on-chain via DataLink—an institutional-grade data publishing service powered by the Chainlink data standard. This initiative makes S&P Global Ratings’ deep, independent stablecoin risk analysis directly accessible within decentralized finance (DeFi) protocols and smart contracts for the first time.

The on-chain SSAs provide real-time access to S&P Global Ratings’ comprehensive stablecoin stability assessments, which, while not credit ratings, evaluate stablecoins on a scale from 1 (very strong) to 5 (weak) based on their ability to maintain stable value relative to fiat currencies. As institutional adoption of digital assets accelerates, the ability to access real-time risk assessments directly within blockchain infrastructure has become crucial for market participants. The collaboration enables DeFi protocols, lending platforms, and institutional investors to incorporate S&P Global Ratings’ robust analytical risk assessments directly into their automated decision-making processes.

As a turnkey service, DataLink empowers data providers like S&P Global Ratings to publish data to blockchains and on-chain markets in a secure and reliable manner—without the need to build or maintain new infrastructure.

The collaboration leverages Chainlink’s infrastructure, which has powered the majority of the on-chain economy for more than half a decade, enabling over $25 trillion in transaction value while actively securing nearly $100 billion in DeFi TVL. Chainlink also has an established track record working with major financial institutions including Swift, Euroclear, J.P. Morgan, Fidelity, UBS, and Mastercard. The on-chain SSAs initially launch on Base, the Ethereum Layer 2 blockchain incubated by Coinbase, with expansion to additional networks planned based on market demand and client feedback.

The launch comes at a pivotal moment in the evolution of digital assets. As of October 2025, the stablecoin market’s capitalization reached $301bn, marking a substantial increase from $173bn a year ago (Source: Coingecko). The signing of the GENIUS Act into law on July 18, 2025, established the first federal regulatory framework for stablecoins in the United States, providing clarity for institutional participants. The availability of S&P Global Ratings’ SSAs on-chain further supports market participants as they develop and adopt easy-to-use DeFi solutions that meet the high-risk management standards that regulated institutions require to move capital on-chain at scale.

S&P Global: Building on Growth in DeFi

The launch represents the latest milestone in S&P Global’s continued growth in DeFi markets, underpinned by its leading analyst-driven research and opinions in digital assets:

  • May 2021: S&P Dow Jones Indices launches its first cryptocurrency index series, “S&P Digital Market Indices“, including Bitcoin and Ethereum indices.
  • May 2022: Establishment of dedicated DeFi group under S&P Global’s Chief DeFi Officer, Chuck Mounts.
  • Jan 2023: Launch of S&P CryptocurrencyDeFi Index, a DeFi-focused crypto benchmark tracking the performance of selected DeFi tokens / protocols.
  • Dec 2023: Launch of S&P Global Ratings’ Stablecoin Stability Assessments framework covering leading stablecoins.
  • Feb-Sept 2025: S&P Global Ratings assigns its first ratings to tokenized treasury funds Janus Henderson’s Anemoy Tokenized Treasury Fund, the Delta Wellington Ultra Short Treasury On-Chain Fund, and OpenEden Group Ltd.’s Tokenized TBILL Fund.
  • July 2025 : S&P DJI collaborates with Centrifuge to enter the fund tokenization space by licensing the S&P 500 Index.
  • Aug 2025: First-ever credit rating for a DeFi protocol (Sky Protocol, B- Stable Outlook).
  • Sept 2025:  Centrifuge launches SPXA , the first licensed S&P 500® index fund token.
  • Oct 2025: S&P DJI announces plans to launch S&P Digital Markets 50 Index, an innovative crypto ecosystem index that combines cryptocurrencies and crypto-linked equities.
  • Oct 2025: S&P Global Ratings brings its SSAs On-Chain via Chainlink.

S&P Global Ratings currently assesses 10 leading stablecoins through its SSA framework, including USDT, USDC, and Sky Protocol’s USDS/DAI. The assessments consider factors including asset quality, governance frameworks, regulatory compliance, redeemability, liquidity, and track record.

Media Contacts:

Russell Gerry
S&P Global Ratings
+44 (0)7790 931 983
russell.gerry@spglobal.com

Chainlink Press Team
press@chain.link

About S&P Global Ratings

At S&P Global Ratings, our analyst-driven credit ratings, research, and sustainable finance opinions provide critical insights that are essential to translating complexity into clarity so market participants can uncover opportunities and make decisions with conviction.  By bringing transparency to the market through high-quality independent opinions on creditworthiness, we enable growth across a wide variety of organizations, including businesses, governments, and institutions.

S&P Global Ratings is a division of S&P Global (NYSE: SPGI).  S&P Global is the world’s foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world’s leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information, visit www.spglobal.com/ratings

About S&P Global

S&P Global (NYSE: SPGI) provides Essential Intelligence. We enable governments, businesses and individuals with the right data, expertise and connected technology so that they can make decisions with conviction. From helping our customers assess new investments to guiding them through sustainability and energy transition across supply chains, we unlock new opportunities, solve challenges and Accelerate Progress for the world.

We are widely sought after by many of the world’s leading organizations to provide credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help the world’s leading organizations plan for tomorrow, today. For more information, visit www.spglobal.com

About Chainlink

Chainlink is the industry-standard oracle platform bringing the capital markets onchain and powering the majority of decentralized finance (DeFi). The Chainlink stack provides the essential data, interoperability, compliance, and privacy standards needed to power advanced blockchain use cases for institutional tokenized assets, lending, payments, stablecoins, and more. Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi.

Many of the world’s largest financial services institutions have also adopted Chainlink’s standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, ANZ, and top protocols such as Aave, GMX, Lido, and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is programmatically converted to LINK tokens and stored in a strategic Chainlink Reserve. Learn more at chain.link.

SOURCE S&P Global; Chainlink

This article was originally published as S&P Global Ratings and Chainlink Collaboration Brings S&P’s Stablecoin Stability Assessments On-Chain on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

Google's AP2 protocol has been released. Does encrypted AI still have a chance?

Google's AP2 protocol has been released. Does encrypted AI still have a chance?

Following the MCP and A2A protocols, the AI Agent market has seen another blockbuster arrival: the Agent Payments Protocol (AP2), developed by Google. This will clearly further enhance AI Agents' autonomous multi-tasking capabilities, but the unfortunate reality is that it has little to do with web3AI. Let's take a closer look: What problem does AP2 solve? Simply put, the MCP protocol is like a universal hook, enabling AI agents to connect to various external tools and data sources; A2A is a team collaboration communication protocol that allows multiple AI agents to cooperate with each other to complete complex tasks; AP2 completes the last piece of the puzzle - payment capability. In other words, MCP opens up connectivity, A2A promotes collaboration efficiency, and AP2 achieves value exchange. The arrival of AP2 truly injects "soul" into the autonomous collaboration and task execution of Multi-Agents. Imagine AI Agents connecting Qunar, Meituan, and Didi to complete the booking of flights, hotels, and car rentals, but then getting stuck at the point of "self-payment." What's the point of all that multitasking? So, remember this: AP2 is an extension of MCP+A2A, solving the last mile problem of AI Agent automated execution. What are the technical highlights of AP2? The core innovation of AP2 is the Mandates mechanism, which is divided into real-time authorization mode and delegated authorization mode. Real-time authorization is easy to understand. The AI Agent finds the product and shows it to you. The operation can only be performed after the user signs. Delegated authorization requires the user to set rules in advance, such as only buying the iPhone 17 when the price drops to 5,000. The AI Agent monitors the trigger conditions and executes automatically. The implementation logic is cryptographically signed using Verifiable Credentials (VCs). Users can set complex commission conditions, including price ranges, time limits, and payment method priorities, forming a tamper-proof digital contract. Once signed, the AI Agent executes according to the conditions, with VCs ensuring auditability and security at every step. Of particular note is the "A2A x402" extension, a technical component developed by Google specifically for crypto payments, developed in collaboration with Coinbase and the Ethereum Foundation. This extension enables AI Agents to seamlessly process stablecoins, ETH, and other blockchain assets, supporting native payment scenarios within the Web3 ecosystem. What kind of imagination space can AP2 bring? After analyzing the technical principles, do you think that's it? Yes, in fact, the AP2 is boring when it is disassembled alone. Its real charm lies in connecting and opening up the "MCP+A2A+AP2" technology stack, completely opening up the complete link of AI Agent's autonomous analysis+execution+payment. From now on, AI Agents can open up many application scenarios. For example, AI Agents for stock investment and financial management can help us monitor the market 24/7 and conduct independent transactions. Enterprise procurement AI Agents can automatically replenish and renew without human intervention. AP2's complementary payment capabilities will further expand the penetration of the Agent-to-Agent economy into more scenarios. Google obviously understands that after the technical framework is established, the ecological implementation must be relied upon, so it has brought in more than 60 partners to develop it, almost covering the entire payment and business ecosystem. Interestingly, it also involves major Crypto players such as Ethereum, Coinbase, MetaMask, and Sui. Combined with the current trend of currency and stock integration, the imagination space has been doubled. Is web3 AI really dead? Not entirely. Google's AP2 looks complete, but it only achieves technical compatibility with Crypto payments. It can only be regarded as an extension of the traditional authorization framework and belongs to the category of automated execution. There is a "paradigm" difference between it and the autonomous asset management pursued by pure Crypto native solutions. The Crypto-native solutions under exploration are taking the "decentralized custody + on-chain verification" route, including AI Agent autonomous asset management, AI Agent autonomous transactions (DeFAI), AI Agent digital identity and on-chain reputation system (ERC-8004...), AI Agent on-chain governance DAO framework, AI Agent NPC and digital avatars, and many other interesting and fun directions. Ultimately, once users get used to AI Agent payments in traditional fields, their acceptance of AI Agents autonomously owning digital assets will also increase. And for those scenarios that AP2 cannot reach, such as anonymous transactions, censorship-resistant payments, and decentralized asset management, there will always be a time for crypto-native solutions to show their strength? The two are more likely to be complementary rather than competitive, but to be honest, the key technological advancements behind AI Agents currently all come from web2AI, and web3AI still needs to keep up the good work!
FUNToken
FUN$0.00558-0.69%
Mode Network
MODE$0.0013228+6.84%
RealLink
REAL$0.06929-4.21%
Share
PANews2025/09/18 07:00
Share
Taiko Makes Chainlink Data Streams Its Official Oracle

Taiko Makes Chainlink Data Streams Its Official Oracle

The post Taiko Makes Chainlink Data Streams Its Official Oracle appeared on BitcoinEthereumNews.com. Key Notes Taiko has officially integrated Chainlink Data Streams for its Layer 2 network. The integration provides developers with high-speed market data to build advanced DeFi applications. The move aims to improve security and attract institutional adoption by using Chainlink’s established infrastructure. Taiko, an Ethereum-based ETH $4 514 24h volatility: 0.4% Market cap: $545.57 B Vol. 24h: $28.23 B Layer 2 rollup, has announced the integration of Chainlink LINK $23.26 24h volatility: 1.7% Market cap: $15.75 B Vol. 24h: $787.15 M Data Streams. The development comes as the underlying Ethereum network continues to see significant on-chain activity, including large sales from ETH whales. The partnership establishes Chainlink as the official oracle infrastructure for the network. It is designed to provide developers on the Taiko platform with reliable and high-speed market data, essential for building a wide range of decentralized finance (DeFi) applications, from complex derivatives platforms to more niche projects involving unique token governance models. According to the project’s official announcement on Sept. 17, the integration enables the creation of more advanced on-chain products that require high-quality, tamper-proof data to function securely. Taiko operates as a “based rollup,” which means it leverages Ethereum validators for transaction sequencing for strong decentralization. Boosting DeFi and Institutional Interest Oracles are fundamental services in the blockchain industry. They act as secure bridges that feed external, off-chain information to on-chain smart contracts. DeFi protocols, in particular, rely on oracles for accurate, real-time price feeds. Taiko leadership stated that using Chainlink’s infrastructure aligns with its goals. The team hopes the partnership will help attract institutional crypto investment and support the development of real-world applications, a goal that aligns with Chainlink’s broader mission to bring global data on-chain. Integrating real-world economic information is part of a broader industry trend. Just last week, Chainlink partnered with the Sei…
SEI
SEI$0.2252-5.53%
B
B$0.20264-4.36%
MemeCore
M$2.05396-0.37%
Share
BitcoinEthereumNews2025/09/18 03:34
Share
UK politics attempts to copy £5B Trump crypto script, without his levers or power

UK politics attempts to copy £5B Trump crypto script, without his levers or power

The post UK politics attempts to copy £5B Trump crypto script, without his levers or power appeared on BitcoinEthereumNews.com. At a London conference this week, Reform UK leader Nigel Farage cast himself as “your champion” for digital assets and sketched a platform that includes a flat 10% capital gains tax on crypto, creation of a roughly £5 billion state Bitcoin reserve anchored in seized coins, a halt to the Bank of England’s digital pound project, and optional tax payments in crypto. The pitch mirrors three policies associated with Donald Trump’s crypto campaign, including opposition to a central bank digital currency, overt alignment with miners and industry, and White House signaling around digital asset strategy that framed leadership in financial technology as a federal priority. However, the channel is clear in the United States, where policy rhetoric has repeatedly shown up in spot Bitcoin ETF flows that feed demand at scale. The UK policy machine runs on a different clock. The Bank of England and HM Treasury remain in the design and exploration phase for a potential digital pound, with no decision to proceed, according to the Bank’s latest progress update last week, the Bank of England says. Near-term attention is on a regulated stablecoin perimeter and custody rules moving through consultation, per the Financial Conduct Authority’s CP25/14. In parallel, the UK is preparing to permit tokenized investment funds, which provides a bank and asset-manager-friendly on-ramp independent of campaign messages. Power, process, and timing limit the translation of Reform UK’s platform into policy. Following the 2024 general election, Reform holds just five seats out of 650, while Labour governs with a large majority. UK tax rates require a Finance Bill. The government sets the reserves framework with the Bank acting as agent, and primary legislation and secondary instruments pass both the Commons and Lords. The next general election is not due until August 2029 under the Dissolution and Calling of…
OFFICIAL TRUMP
TRUMP$6.293-4.15%
BRC20.COM
COM$0.015882+13.78%
GAINS
GAINS$0.02074-10.41%
Share
BitcoinEthereumNews2025/10/15 05:37
Share

Trending News

More

Google's AP2 protocol has been released. Does encrypted AI still have a chance?

Taiko Makes Chainlink Data Streams Its Official Oracle

UK politics attempts to copy £5B Trump crypto script, without his levers or power

BlackRock’s Larry Fink Champions Tokenization as Bitcoin ETF Nears $100B

CME Group (CME) Stock: Gains on Upcoming Launch of Solana and XRP Futures Options