Stablecoins & Payments Unverified First seen 2026-10-07 13:13 UTC

Moody's assigns Sky Protocol B3 issuer rating with stable outlook

Moody's assigned Sky Protocol a B3 issuer rating with a stable outlook, according to The Block and The Defiant. The Defiant reported the rating places Sky in Moody's speculative-grade category with roughly $90 million in equity against $10 billion in managed assets.

Why “Unverified”

2 independent sources (The Defiant, The Block), but no primary confirmation

2 independent source groups across 2 posts · evidence score 81/100. How labels work

What the sources claim

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

“Moody's assigned Sky a B3 issuer rating with a stable outlook, its first rating of a stablecoin protocol.”
The Block
Sky is also rated B- by S&P.

“Sky is also rated B- by S&P.”
The Block
The stable-outlook rating puts Sky in Moody's speculative-grade category, with roughly $90 million in equity against $10 billion in managed assets.

“The stable-outlook rating puts Sky in Moody's speculative-grade category, with roughly $90 million in equity against $10 billion in managed assets.”
The Defiant

Sources

The Defiant newswire 2026-10-07 13:13 UTC
Moody's Rates Sky B3, Flagging Thin Capital Buffer
The Block newswire 2026-10-07 14:20 UTC
Moody’s gives Sky Protocol B3 rating as institutional interest in USDS grows

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Summary and claims extracted by deepseek/deepseek-flash with prompt analyze-story@3 on 2026-10-07 14:30 UTC. Labels are computed from the sources, not by the model.