{"id":989556,"date":"2026-08-04T13:12:38","date_gmt":"2026-08-04T17:12:38","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sp-global-ratings-more-than-half-of-stablecoin-stability-assessments-are-adequate-or-above\/"},"modified":"2026-08-04T13:12:38","modified_gmt":"2026-08-04T17:12:38","slug":"sp-global-ratings-more-than-half-of-stablecoin-stability-assessments-are-adequate-or-above","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sp-global-ratings-more-than-half-of-stablecoin-stability-assessments-are-adequate-or-above\/","title":{"rendered":"S&P Global Ratings: More than half of Stablecoin Stability Assessments are adequate or above"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n LONDON<\/span>, Aug. 4, 2026<\/span> \/PRNewswire\/ — S&P Global Ratings<\/a>, the world’s leading provider of independent credit ratings, today announced that six of the 11\u00a0stablecoins<\/span>\u00a0covered by its Stablecoin<\/span> Stability Assessments (SSAs)\u00a0have an adequate or above ability to maintain their peg to the fiat currency. Over the past three quarters, S&P Global Ratings revised two of its 11 SSAs to a weaker level, while the other nine SSAs remained unchanged.<\/p>\n

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\n \"S&P\n <\/p>\n<\/p><\/div>\n

“SSAs reflect our view of a stablecoin<\/span>‘s ability to maintain its peg to a fiat currency or a basket of currencies,” said Mohamed Damak, Digital Assets Analyst, S&P Global Ratings<\/b>. “Stablecoins<\/span> can face risks that lead to de-pegging. With over half of our assessments now at adequate or above, we are seeing stronger asset quality and good risk management practices among some issuers. However, significant differences remain across stablecoins<\/span> which can increase the risk of de-pegging.”<\/p>\n

\n Factors That Inform The 1-5 Assessment<\/b>\n <\/p>\n

S&P Global Ratings launched SSAs in December 2023 to help bring transparency to stablecoin<\/span> risks by assessing peg stability, liquidity, and other key indicators.<\/p>\n

The asset strength of the stablecoin<\/span> reflects the underlying assets’ exposure to credit, market, custody, and other risks. S&P Global Ratings also considers the degree of overcollateralization, the robustness of liquidation mechanisms where they exist, and the adequacy of reserve funds. These factors inform the asset assessment, which ranges from 1 (very strong) to 5 (weak).<\/p>\n

SSAs\u00a0build on\u00a0these asset assessments.\u00a0Additionally, they\u00a0consider\u00a0governance, the legal and regulatory framework,\u00a0redeemability\u00a0and liquidity, technology and third-party dependencies, and the\u00a0issuer’s\u00a0track record.\u00a0This\u00a0may result in an adjustment\u00a0and means\u00a0the\u00a0SSA\u00a0can be in line with or lower than the asset assessment.\u00a0<\/p>\n

S&P Global Ratings’\u00a0SSAs\u00a0comprise five levels:\u00a01 (very strong), 2 (strong), 3 (adequate), 4 (constrained),\u00a0and\u00a05 (weak).\u00a0For more information on\u00a0S&P Global Ratings’\u00a0analytical approach,\u00a0see:\u00a0https:\/\/www.spglobal.com\/ratings\/en\/regulatory\/article\/231128-framework-for-stablecoin<\/span>-stability-assessments-s12897686<\/a>\u00a0<\/p>\n

\n S&P Global Ratings’ Current SSAs<\/b>\n <\/p>\n