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Altcoins & DeFi

Moody’s And Chainlink Test On-Chain Credit Ratings – Could LINK Benefit?

Image: Bitcoinist

Chainlink has taken another step toward institutional blockchain adoption after Moody’s Ratings successfully completed a pilot using its cross-chain technology. The development could strengthen Chainlink’s position in the growing tokenized asset market, raising questions about whether increasing institutional demand for blockchain infrastructure could eventually support LINK’s long-term value. Announced on November 10, the collaboration demonstrated how Moody’s credit-rating information could be distributed simultaneously across multiple blockchain networks using Chainlink’s Cross-Chain Interoperability Protocol (CCIP). Although the project remains in its testing phase, it represents another example of traditional financial institutions exploring blockchain infrastructure for real-world applications. Moody’s And Chainlink Complete Multi-Chain Credit Ratings Pilot According to the official announcement , the pilot connected Moody’s Ratings Token Integration Engine (TIE) with Chainlink’s CCIP technology.

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