Moody's gave Sky Protocol a B3 issuer rating with a stable outlook, the first Moody's rating of any stablecoin protocol. S&P Global had rated Sky B- earlier in October, making Sky the only stablecoin protocol rated by both. Moody's cited a thin capital buffer: about $90 million in reserves against roughly $10 billion in managed assets.
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Blue-Chip DeFi Protocols
Upgrades, launches and big decisions from the protocols that hold most of DeFi: Aave, Uniswap, Lido, Sky, Morpho and EigenLayer.
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Oct 2026Created
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Oct 7 · 2 of 2 shownSky·Credit rating assignedOct 7
Moody's assigns B3 rating to Sky, flags thin capital buffer
Moody's Ratings Assigns First Issuer Rating to Sky Protocol - EmitenTrustAlso in coinfomania.com
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