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Moody's Developing Scoring System to Evaluate Reliability of Stablecoins

Moody's Developing Scoring System to Evaluate Reliability of Stablecoins

A mechanism to assess the stability and dependability of up to 20 stablecoins is being developed by Moody's, a primary provider of credit ratings for publicly traded corporations. However, according to a Bloomberg article, the project is still in its early phases and won't give formal credit ratings. Stablecoins' backing

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