S&P gives BlackRock tokenized reserve fund top stability rating

Bullish+8.11%

5 Aug, 10:40

Source: Cointelegraph

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S&P awarded BlackRock's tokenized reserve fund its highest stability rating while ranking USDT among the lowest-rated stablecoins, signaling divergent credibility between traditional asset managers and crypto-native stablecoin issuers.

S&P gives BlackRock tokenized reserve fund top stability rating

The rating recognizes the fund’s ability to maintain a stable net asset value, while S&P separately reaffirmed USDT among the lowest-rated stablecoins under its existing assessment framework.