Moody's agrees with S&P, hands Sky the same junk grade for the same reasons

Crypto Insight Summary: On October 7, 2026, Moody’s Ratings scored Sky Protocol a B3 issuer rating with a stable outlook. This happens to be the first-ever rating the agency has assigned to a stablecoin protocol. This is an important move to institutional investors who may be sitting on the fence as regards USDS, because it gives the dollar... Crypto Insight Analysis: Direction: Bullish USDS Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Institutional validation from Moody's may attract more institutional investors to USDS.