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Moody’s Analytics Finds over 600 Stablecoin Depegs YTD Triggered by High-Interest Rates

Moody’s Analytics launched its AI-enabled Digital Asset Monitor meant to track the volatility and risk in DeFi amid the mainstream adoption of stablecoins by institutional investors. The fast growth of fiat-backed stablecoins to over $120 billion by retail users in the past years has attracted major attention from institutional investors seeking

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AI and blockchain will ‘reshape sectors’ and create new markets from scratch — Moody’s

Artificial intelligence (AI) and blockchain technologies have reached a "tipping point" and are set to shrink established industries while creating new ones, forecasts a report from Moody's Investors Service published on Sep. 6. According to the authors, the combined impact of AI and distributed ledger technologies (DLTs), such as blockchain, has

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Artificial Intelligence, Digital Ledger Technology Could Lower Financing Costs, Transform Financial Markets: Moody’s

"DLT could improve financial market efficiency, modernize the payment system, and foster financial inclusion," Vincent Gusdorf, head of DeFi and digital asset analytics, said in a press statement shared with CryptoX. "The overall economic and financial effects of technological changes, including the policy and strategic changes they prompt, are likely

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Lack of bipartisan support on crypto regulation could make US ‘less attractive’ to firms: Moody’s

The investors’ service of credit ratings agency Moody's has reported that without support from United States lawmakers on both sides of the political aisle for legislation focused on digital assets, investors and companies could turn to other crypto-friendly jurisdictions.In a June 20 report, Moody’s pointed to key differences in the

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Moody’s downgrades Coinbase citing ‘uncertain magnitude’ of SEC charges

Credit ratings agency Moody's has downgraded its rating of Coinbase from “stable” to “negative” following the SEC’s legal action against the crypto exchange for allegedly operating as an unregistered securities broker.In a June 8 statement, Moody's said the downgrade was due to concerns about the impact of the SEC action

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Digitalization won’t displace commercial bank money any time soon: Moody’s

Digitalization is shaping the future of money, but traditional central bank money housed in commercial banks will remain dominant, Moody’s predicted in a new report. Essentially, trust trumps efficiency, it said after surveying a wide range of emerging or potential forms of money.The monetary landscape is becoming fragmented, Moody’s said, but

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Central Banks Reduce US Dollar Swap Lines to Weekly Auctions Amid Moody’s US Banking Sector Downgrade – Economics Bitcoin News

After the tumultuous downfall of three major banks, namely Silvergate Bank, Silicon Valley Bank, and Signature Bank, several central banks made a collaborative announcement of a swift, coordinated emergency response. The intervention aimed to furnish U.S. dollar liquidity, with the intention of alleviating the impact of such severe shocks on

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Moody’s Warns of Potential Financial Disruption Spillover Beyond US Banking Sector – Bitcoin News

Roughly ten days ago, the credit agency Moody’s Investors Service downgraded the U.S. banking sector from “stable” to “negative.” In a recent update on Thursday, the company stated that there is still a risk to the U.S. economy. The managing director of credit strategy at Moody’s explained that the country

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