Sunday, December 3, 2023

Compound Treasury Receives S&P Credit score Ranking | by Reid Cuming | Compound


As we speak, Compound Treasury acquired a credit standing from S&P World Rankings. This makes Compound Treasury the primary institutional decentralized finance (DeFi) providing to be rated by a serious credit standing company, and alerts great progress within the crypto business’s maturity, as conventional establishments start to evaluate the dangers of digital asset powered monetary choices.

S&P’s outlook is steady, reflecting an expectation of restricted mortgage losses on the Compound Treasury platform. In assigning its score and steady outlook, S&P cited the unsure regulatory regime for stablecoins (USDC), stablecoin-to-fiat convertibility dangers, Compound Treasury’s at the moment restricted capital base and 4.00% return obligation; S&P views the Compound protocol (the supply of yield for Compound Treasury) monitor file of zero USDC losses as partially mitigating the capital dangers of the providing.

“Compound Treasury is predictable, liquid, compliant, clear, and now rated,” mentioned Reid Cuming, Compound Treasury Normal Supervisor, “S&P’s score helps our institutional shoppers extra simply perceive the chance and dangers of crypto-powered money administration”.

As a part of ongoing discussions with S&P, Compound Treasury’s rankings may very well be upgraded in upside situations reminiscent of better regulatory readability for the digital asset business, or an extended monitor file of steady efficiency.

Compound Treasury was supported all through the credit standing analysis course of by Klaros Group, an advisory and funding agency, and Gauntlet, a monetary modeling and simulation platform for blockchains.

Discover Compound Treasury’s full rankings report at S&P World Rankings Motion Disclosures web page.

About Compound Treasury

Compound Treasury is a crypto-powered money administration answer designed for establishments. Accredited traders can earn 4% on USD and USDC with every day liquidity; the best method for establishments to entry the advantages of decentralized finance.

Compound Treasury is obtainable by Compound Prime, LLC, a subsidiary of Compound Labs, Inc.

For gross sales inquiries — gross sales@compoundtreasury.com

For media inquiries — media@compoundtreasury.com

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