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S&P’s Stablecoin Report Is a Vote of Confidence for Crypto

But does crypto care?

Updated Jun 14, 2024, 7:12 p.m. Published Dec 19, 2023, 5:28 p.m.

Standard & Poor's Senior Director Lapo Guadagnuolo (Tyler Prahm/S&P/DrawKit Illustrations, modified by CoinDesk) — Standard & Poor's Senior Director Lapo Guadagnuolo says the storied ratings agency's stablecoin report is neither an affirmation nor condemnation of any particular token. (Tyler Prahm/S&P/DrawKit Illustrations, modified by CoinDesk)

S&P’s Stablecoin Report Is a Vote of Confidence for Crypto