S&P Global Ratings Brings Stablecoin Risk Assessments to Base via Chainlink
S&P Global Ratings Brings Stablecoin Risk Assessments to Base via Chainlink
📊 S&P Ratings Hit Base
S&P Global Ratings has launched stablecoin risk assessments on Base, making institutional-grade credit analysis available directly to smart contracts through Chainlink oracles.
Key developments:
- DeFi applications can now display S&P's Stablecoin Stability Assessments (SSAs) to users
- Risk data becomes accessible before users borrow or lend stablecoins
- Integration brings traditional finance expertise to decentralized protocols
Impact for users: This integration allows DeFi platforms to surface professional risk ratings, helping users make more informed decisions when interacting with different stablecoins. The move represents a significant step toward bridging traditional financial analysis with decentralized finance infrastructure.
S&P first introduced stablecoin stability assessments in late 2023, and this Base integration marks their expansion into on-chain accessibility.
S&P Global Ratings comes to Base Stablecoin risk assessments are now available directly to smart contracts via @chainlink DeFi apps can surface S&P's SSAs to users before they borrow or lend stablecoins
S&P Global is excited to announce a collaboration between S&P Global Ratings, the world’s leading provider of #CreditRatings, benchmarks and analytics, and Chainlink Labs, the industry-standard oracle platform bringing the capital markets on-chain, to deliver S&P Global Ratings’
🤖 AI Truth Serum
**Recall Network** is launching on Base to solve AI's transparency problem through **open competitions** and **verified rankings**. The platform creates **onchain benchmarks** where AI models compete publicly, letting anyone verify which systems actually deliver results versus marketing claims. Key features: - Transparent model performance data - Competitive rankings based on real results - Crypto incentives for high-performing AI agents - Public verification of capabilities Recall's testnet already processed **1M+ transactions** from 276K+ accounts, showing strong demand for AI accountability. This addresses a critical need as AI hype often exceeds actual performance, giving developers and users reliable data to make informed decisions about which models to trust and deploy.
🎮 Social Trading Game
**Fomo** transforms crypto trading into a social media experience. The app lets users: - Track other traders' moves - Discover trending coins early - Compete with friends in trading challenges The platform gamifies market participation by combining social feeds with trading insights. Users can follow successful traders and spot emerging opportunities through community activity. Available on both iOS and Android at [fomo.family](https://fomo.family/)
Boys Club and a16z Host Creative Economy Event During SF Tech Week
**Boys Club and a16z** hosted an evening event at China Live restaurant during SF Tech Week, focusing on bringing the **creative economy to the table** - both figuratively and literally. The gathering brought together key players in the creative and tech sectors to discuss opportunities at the intersection of creativity and blockchain technology. - Event took place at China Live during SF Tech Week - Hosted by Boys Club World and Andreessen Horowitz - Focus on creative economy applications The collaboration highlights growing institutional interest in supporting creative professionals and artists in the web3 space.
🚀 Base Breaks Records
**Major milestones this week on Base:** - **Coinbase DEX trading** now live for all US users (except NY) - millions of assets available directly in-app - **$200M USDC** earning ~10% APY via MorphoLabs in just two weeks - **Base TVL hits all-time high** of $5.3B - nearly 3x growth from last year **Key developments:** - Onchain Summer Awards distributed **$200K** across 20 winners - New gaming options: bballxyz beta live, footballdotfun expanding to American sports - Enhanced Base app with **AI trading bots** in group chats - PistachioFi adds **Apple Pay** crypto purchases **Ecosystem growth:** - Ethos Network: 25K contributors, 450K monthly visitors - CalaxyApp gained 10K users in first week - Blackbird's FLYNET volume up 1000% since launch - New tokens $PHI and $PLAY launched on Aerodrome Base continues expanding with international pilots, new design leadership, and growing developer activity across DeFi, gaming, and social applications.