SkyFrontier Foundation said Moody's has assigned a long-term counterparty risk rating of B3 to the Sky stablecoin protocol, with a stable outlook. The foundation described Sky as the first stablecoin protocol to receive a rating from Moody's. It also said the protocol is aiming for an investment-grade rating. The update adds to Sky's existing credit assessment history: S&P Global Ratings assigned the protocol a B- rating in August 2025. The announcement was cited by CoinPost and carried by Techub News as a brief industry update. No additional financial figures or methodological details were disclosed in the item.
SkyFrontier Foundation said Moody's has assigned a B3 long-term counterparty risk rating to the Sky stablecoin protocol, with a stable outlook.
First Moody's rating for a stablecoin protocol
According to the foundation, Sky is the first stablecoin protocol to receive a rating from Moody's.
Foundation says it is targeting investment grade
SkyFrontier Foundation said Sky is seeking to obtain an investment-grade rating.
S&P had already rated the protocol
Earlier, S&P Global Ratings assigned the protocol a B- rating in August 2025.
The update was attributed to CoinPost and republished by Techub News.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.