Moody's readies stablecoin ratings as Asian market takes shape

Credit agency aims to assess risk of different currency-pegged crypto offerings

The digital economy team at Moody's is trying to adapt its ratings and services to emerging technologies such as blockchain and artificial intelligence. (Nikkei montage/Source photos by Reuters)

TOKYO -- Moody's Ratings is preparing to issue credit evaluations for stablecoins using its own methodology, aiming to meet rising investor demand as digital assets gain traction in Asia and beyond.