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

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.

JS
Jason Shubnell
Wire content from The Block

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.

This article originally appeared on The Block. Read the full article at the source: https://www.theblock.co/news/business/2026-10-07-moodys-sky-protocol-b3-rating-first-stablecoin-protocol-417931

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