S&P Global Teams Up with Chainlink to Enhance Stablecoin Transparency

S&P Global Ratings has joined forces with Chainlink to develop on-chain risk assessment tools for stablecoins, aiming to provide traditional financial institutions (TradFi) with deeper insights into these digital assets. This collaboration seeks to bridge the gap between the traditional and crypto worlds by offering transparent, reliable data about stablecoin reserves and stability mechanisms, as the demand for stablecoins in mainstream finance continues to rise. 🤝