Moody's assigns B3 rating to Sky Protocol, cites thin capital buffer

Moody's has assigned a B3 rating to Sky Protocol, placing it in speculative-grade territory, according to a Techub News brief citing Crypto Briefing. The rating agency also said Sky Protocol has a relatively thin capital buffer. Moody's noted that this weakness could affect the protocol's ability to attract institutional investment. It also said the issue may have implications for stability in the stablecoin market. The update was published by Techub as a short market analysis item on Oct. 7, 2026.