S&P Assigns Highest Stability Rating to BlackRock Tokenized Reserve Fund, USDT Maintains Weak Rating
Source:
cointelegraph.com
S&P Global Ratings has awarded the highest principal stability fund rating "AAAm" to BlackRock's newly launched tokenized money market fund, BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV). S&P stated that the fund performs robustly in terms of portfolio credit quality, counterparty quality, maturity structure, and management capability to maintain a stable net asset value, and its tokenization framework possesses strong operational resilience in cybersecurity, smart contracts, and blockchain network risk control.