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S&P Global Stablecoin Assessments Go Onchain Through Chainlink DataLink

Chainlink states that S&P Global’s stablecoin stability assessments are now available through Chainlink DataLink (onchain data delivery service), extending indexed data access to decentralized finance markets.

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Terms & Concepts
  • Stablecoin stability assessments: Evaluations of how reliably a stablecoin maintains its intended value, typically used to gauge reserve quality, structure, and risk.
  • Chainlink DataLink: An onchain data delivery service from Chainlink that makes indexed or external data available to blockchain-based applications.
  • DeFi: DeFi (blockchain-based financial services) refers to applications that provide financial functions such as trading, lending, and settlement without traditional intermediaries.