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Moody’s gives Sky Protocol B3 rating as institutional interest in USDS grows

TLDR — Moody's assigned Sky a B3 issuer rating with a stable outlook, its first rating of a stablecoin protocol.

Signal data─ Neutralconfidence 50%Low materiality
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Moody's assigned Sky a B3 issuer rating with a stable outlook, its first rating of a stablecoin protocol. Sky is also rated B- by S&P.

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