Moodys has given Sky Protocol a B3 rating with a stable outlook, marking the agencys first rating of a stablecoin protocol. But the report carries a sting: Sky held only about $90 million in tangible common equity against roughly $10 billion in tangible managed assets as of September, leaving the former MakerDAO with what Moodys []
Moodys has given Sky Protocol a B3 rating with a stable outlook, marking the agencys first rating of a stablecoin protocol. But the report carries a sting: Sky held only about $90 million in tangible common equity against roughly $10 billion in tangible managed assets as of September, leaving the former MakerDAO with what Moodys []
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