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Moody's Partners with Chainlink to Distribute Credit Ratings Across Blockchains
(2 hours ago) · 1 source · Summarized by CryptoBipto
Moody's, one of the world's three major credit rating agencies, has partnered with Chainlink to deliver its credit ratings data across multiple blockchains. The integration reportedly uses Chainlink's cross-chain infrastructure to make traditional financial data accessible to decentralized applications and smart contracts.
WHY IT MATTERS
Credit ratings are like report cards for companies and governments, grading how trustworthy they are when borrowing money.
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SOURCES
- decrypt.co
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LINKInstitutional AdoptionChainlink OraclesDeFi InfrastructureTraditional Finance IntegrationCredit Ratings
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