S&P & Chainlink: A Pegged Partnership? 😂
The Stablecoin Stability Assessments (SSAs), launched on Base (Ethereum’s layer-2), promise to expand to other blockchains-provided the market demands it, or perhaps just because someone forgot to say “no.” As if on-chain ratings weren’t enough, they’ve added DataLink, Chainlink’s “institutional-grade” service, to rate stablecoins from 1 (very strong) to 5 (weak). A scale so profound, one might mistake it for a Russian nesting doll of despair.