Moody’s and Chainlink Test Sending One Credit Rating to Several Blockchains at Once

Moody’s Ratings and Chainlink have completed a pilot that sends the same credit rating to several blockchains at once, so that financial firms do not need a separate connection for each network.

Moody’s assesses how likely a company or other issuer is to meet its financial obligations. Banks and investors use these scores to compare risk and judge what interest a loan or bond should carry. In the pilot, Moody’s own distribution engine was linked to Chainlink’s CCIP, a system for messages between blockchains. The same information could then reach both private networks of financial institutions and public crypto networks.

The test was about delivery, not about calculating a new rating. The companies used representative test data on test networks. Moody’s did not publish a real rating change on a blockchain and did not move its existing distribution to Chainlink. The networks involved were not named, no production date has been announced, and Moody’s usual controls for setting and publishing ratings stayed in place.

Moody’s says it has rated more than 70 digital issuances between January 2017 and October 2026, including digital bonds and tokenized funds. Such products can be issued or recorded on different networks while investors still need the same information about the issuer. In late October Moody’s also gave Ripple’s RLUSD stablecoin a high credit rating, which answers a different question from this pilot.

Track the market yourself with AiTraderView’s FREE tools: Crypto Cockpit for charts and 75+ indicators, Crypto Screener to find setups, and Crypto Portfolio to follow your holdings. Just create a FREE account and try them yourself!

Sources:

• Crypto Insiders: Kredietbeoordelaar test scores op meerdere blockchains tegelijk