Credit ratings agency Moody’s announced Tuesday that it has launched a new network-agnostic Token Integration Engine (TIE), adding that it has become the first ratings agency to bring its analysis onchain.
The TIE is designed to allow Moody’s to ingest financial data and distribute credit insights directly within blockchain-based workflows, according to a company statement.
As part of the initial rollout, the firm is operating a node on the Canton Network, a blockchain developed to support the privacy and regulatory needs of institutional finance.
“Moody’s customers now have a new way to access trusted credit insight within the digital markets and onchain finance workflows where they increasingly operate,” Yuval Rooz, co-founder of the Canton Network, said in the statement.
Rooz noted that integrating independent credit analysis onchain could reduce friction and improve transparency across transaction lifecycles while maintaining compliance requirements.
Moody’s stated that participation in the system will be issuer-led, enabling asset issuers to integrate ratings into blockchain-native processes. The firm added that it plans to expand the TIE to additional blockchain networks and instrument types as adoption grows.
Rating stablecoins
Separately, Moody’s also published its finalized methodology for rating stablecoins on Tuesday.
The methodology focuses on assessing the credit quality of reserve assets backing a stablecoin, alongside considerations such as market value risk, liquidity, operational resilience, and technology risk.
The approach builds on a proposal released in December 2025, which outlined reserve transparency and asset composition as key factors in assessing stablecoin reliability.
In practice, such a framework means two USD-pegged tokens with similar 1:1 backing claims could receive different ratings depending on the composition and quality of their reserve assets.
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