Moody's proposes new rules to evaluate the solidity of stablecoins 🚀
Moody's, one of the most influential credit rating agencies in the world, has presented a proposal for a specific evaluation framework for stablecoins, with a special emphasis on the quality and solidity of the reserve assets backing them 📈.
- *Focused on transparency*: The proposal emphasizes the importance of transparency in the composition and management of reserves, including regular disclosure of information about custody, independent audits, and exposure to operational or technological risks 🔍.
- *Risk assessment*: Moody's analysis incorporates additional variables, such as the effective liquidity of the assets, market risk, and counterparty exposure, to assess the solidity of stablecoins 📊.
- *Market impact*: The adoption of homogeneous criteria could encourage better practices in the sector, strengthen institutional trust, and reduce the likelihood of parity loss episodes 🔥.
🔥 Moody's proposes new rules to evaluate stablecoins
💡 Focused on transparency and risk assessment
👥 Could strengthen institutional trust and reduce risks
📈 Could boost the adoption of stablecoins in the financial market.