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S&P Global Ratings: More than half of Stablecoin Stability Assessments are adequate or above

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LONDON, Aug. 4, 2026 /PRNewswire/ — S&P Global Ratings, the world’s leading provider of independent credit ratings, today announced that six of the 11 stablecoins covered by its Stablecoin Stability Assessments (SSAs) have an adequate or above ability to maintain their peg to the fiat currency. Over the past three quarters, S&P Global Ratings revised two of its 11 SSAs to a weaker level, while the other nine SSAs remained unchanged.

“SSAs reflect our view of a stablecoin‘s ability to maintain its peg to a fiat currency or a basket of currencies,” said Mohamed Damak, Digital Assets Analyst, S&P Global Ratings. “Stablecoins can face risks that lead to de-pegging. With over half of our assessments now at adequate or above, we are seeing stronger asset quality and good risk management practices among some issuers. However, significant differences remain across stablecoins which can increase the risk of de-pegging.”

Factors That Inform The 1-5 Assessment

S&P Global Ratings launched SSAs in December 2023 to help bring transparency to stablecoin risks by assessing peg stability, liquidity, and other key indicators.

The asset strength of the stablecoin reflects the underlying assets’ exposure to credit, market, custody, and other risks. S&P Global Ratings also considers the degree of overcollateralization, the robustness of liquidation mechanisms where they exist, and the adequacy of reserve funds. These factors inform the asset assessment, which ranges from 1 (very strong) to 5 (weak).

SSAs build on these asset assessments. Additionally, they consider governance, the legal and regulatory framework, redeemability and liquidity, technology and third-party dependencies, and the issuer’s track record. This may result in an adjustment and means the SSA can be in line with or lower than the asset assessment. 

S&P Global Ratings’ SSAs comprise five levels: 1 (very strong), 2 (strong), 3 (adequate), 4 (constrained), and 5 (weak). For more information on S&P Global Ratings’ analytical approach, see: https://www.spglobal.com/ratings/en/regulatory/article/231128-framework-for-stablecoin-stability-assessments-s12897686 

S&P Global Ratings’ Current SSAs

Euro Coin (EURC): 2 (strong) as of Dec.19, 2025 (previously: 2 on Jan. 17, 2025)USD Coin (USDC): 2 (strong) as of Dec. 18, 2025 (previously: 2 on Dec. 19, 2024)Global Dollar (USDG): 2 (strong) as of Feb. 12, 2026 (first assessment)Paxos USD (USDP): 2 (strong) as of Dec. 1, 2025 (previously: 2 on Nov. 26, 2024)Gemini USD (GUSD): 3 (adequate) as of Dec. 3, 2025 (previously: 2 on Dec. 4, 2024)EUR Convertible (EURCV): 3 (adequate) as of Dec. 5, 2025 (previously: 3 on Jan. 6, 2025)First Digital USD (FDUSD): 4 (constrained) as of Nov. 25, 2025 (previously: 4 on Dec. 3, 2024)Sky Dollar/Dai Stablecoin (USDS/DAI): 4 (constrained) as of Dec. 8, 2025 (previously: 4 on Dec. 17, 2024) Tether (USDT): 5 (weak) as of Nov. 26, 2025 (previously: 4 on Dec. 3, 2024)TrueUSD (TUSD): 5 (weak) as of Nov. 14, 2025 (previously: 5 on Nov. 22, 2024)Ethena USD (USDe): 5 (weak) as of Jan. 14, 2026 (previously: 5 on Jan. 16, 2025)

For further details, see https://www.spglobal.com/ratings/en/research-insights/sector-intelligence/interactives/stablecoin-stability-assessments

Leading In Digital Assets

As digital assets move further into the financial mainstream, S&P Global Ratings provides independent opinions that help market participants assess risk, make informed decisions, and identify opportunities. The business combines decades of experience in traditional finance with an increasing track record in digital assets. Recent milestones include: 

June 2026: S&P Global Ratings assigned a rating to the Franklin OnChain U.S. Government Money Fund, expanding its coverage of tokenized treasury funds. Other rated tokenized funds include the Janus Henderson Anemoy Tokenized Treasury Fund, the Delta Wellington Ultra Short Treasury On-Chain Fund, and OpenEden Group Ltd.’s Tokenized TBILL Fund. June 2026: S&P Global Ratings was named Best Digital Asset Ratings & Analytics Provider at the BeInCrypto x Proof of Talk Institutional 100 Awards 2026. February 2026: S&P Global Ratings assigned its first rating on a structured finance transaction backed by bitcoin. October 2025: S&P Global Ratings partnered with Chainlink to bring its SSAs on-chain. August 2025: S&P Global Ratings was the first rating agency to assign a rating on a decentralized finance protocol (Sky Protocol, rated ‘B-/Stable’). S&P Global Ratings assigned ratings on several digital bonds issued across sovereigns, financial institutions, and corporates, including KfW’s distributed ledger-based bond

For more information on S&P Global Ratings’ digital assets capabilities, visit: https://www.spglobal.com/ratings/en/products/solutions/digital-assets 

Media Contact:

Russell Gerry
Communications Director
S&P Global 
+44 20 7176 3569
russell.gerry@spglobal.com 

About S&P Global Ratings

At S&P Global Ratings, our analyst-driven credit ratings, research, and sustainable finance opinions provide critical insights that are essential to translating complexity into clarity so market participants can unlock opportunities and make decisions with conviction. By bringing transparency to the market through high-quality independent opinions on creditworthiness, we enable growth across a wide variety of organizations, including businesses, governments, and institutions. S&P Global Ratings is a division of S&P Global (NYSE: SPGI). Learn more at www.spglobal.com/ratings 

About S&P Global

S&P Global (NYSE: SPGI) enables businesses, governments, and individuals with trusted data, expertise and technology to make decisions with conviction. We are Advancing Essential Intelligence through world-leading benchmarks, data, and insights that customers need in order to plan confidently, act decisively, and thrive in a rapidly changing global landscape.

From helping our customers assess new investments across the capital and commodities markets to navigating the energy expansion, acceleration of artificial intelligence, and evolution of public and private markets, we enable the world’s leading organizations to unlock opportunities, solve challenges, and plan for tomorrow – today. Learn more at www.spglobal.com 

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MedVoyage Global Inc. Establishes First U.S. Headquarters in Fairfax City, Virginia

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The new location will support the company’s expansion of satellite-enabled telehealth and emergency medical technology solutions

FAIRFAX CITY, Va., Aug. 4, 2026 /PRNewswire/ — Fairfax City Economic Development (FCED) announced that MedVoyage Global Inc, a Taiwan-headquartered global leader in satellite-enabled healthcare technology, has selected the Mason Enterprise Center (MEC) Fairfax for its first United States headquarters. The new location marks MedVoyage’s expansion into the North American market and further strengthens Fairfax City’s role within Northern Virginia’s innovation economy.

MedVoyage develops low-latency, satellite-enabled healthcare platforms connecting medical providers with remote patients, maritime vessels, and emergency response units worldwide. Powered by dual 24/7 global command centers in North America and Asia, the company’s platform processes over 150,000 emergency and remote telehealth cases annually across 80+ medical centers in 40 countries. With real-time streaming, high-reliability, low-Earth-orbit satellite integration, and AI-driven clinical support, MedVoyage ensures uninterrupted digital care and automated pharmacy management in extreme or off-grid environments.

The Fairfax City office will drive MedVoyage’s U.S. sales, system engineering, and regulatory compliance operations. Over the next two years, the company plans to scale its local workforce with systems engineers, clinical compliance specialists, and commercial sales executives.

This business attraction effort originated through the Virginia Economic Development Partnership and the Northern Virginia Economic Development Alliance, of which Fairfax City Economic Development is a member. Following an evaluation of regional technology hubs, MedVoyage selected the MEC Fairfax for its business incubation, growth resources, and soft-landing services designed to help international companies establish and grow their presence in the U.S. market.

“Selecting Fairfax City for our U.S. headquarters is a foundational step in our global scaling strategy,” said Nemo Teng, CEO of MedVoyage Global Inc. “MEC Fairfax offers the ideal soft-landing environment and unparalleled access to the Northern Virginia tech ecosystem, placing us minutes away from critical federal and defense stakeholders such as the U.S. Coast Guard, Department of Health and Human Services, and the Department of Defense. This facility allows us to rapidly build strategic U.S. partnerships, access premier regional engineering talent, and deploy our emergency and maritime telehealth solutions across North America.”

Located in the center of Northern Virginia, the MEC provides business incubation, growth resources, and soft-landing services that help startups and international companies establish and grow their operations. MedVoyage’s investment further strengthens Fairfax City’s reputation as a destination for companies advancing healthcare, artificial intelligence, aerospace, and emerging technologies.

“MedVoyage’s decision to establish its first U.S. headquarters in Fairfax City reflects the strength of our innovation economy and the collaborative business environment we’ve built,” said Colleen Kardasz, CEO and Director of Fairfax City Economic Development. “From connecting international companies with regional resources to supporting their long-term growth, our goal is to provide a strong foundation for business investment. We look forward to working alongside MedVoyage as it builds its U.S. presence from Fairfax City.”

MedVoyage’s lease at the MEC took effect on August 1. The office is located at 10300 Eaton Place, Suite 474. For more information about the MEC, please visit mec-fairfax.org.

About Fairfax City Economic Development
Fairfax City Economic Development is a collaboration between the Fairfax City Economic Development Department and the Fairfax City Economic Development Authority, an independent agency administered by a commission appointed by the City Council to promote economic development activity within Fairfax. Fairfax City Economic Development helps attract businesses to the city, encourages and develops programs that foster connections between businesses, residents, and visitors of Fairfax City, and spearheads innovative programs and strategies devoted to positioning Fairfax City as an ideal location to start, grow, and scale a business. It is a founding member of the Northern Virginia Economic Development Alliance. Learn more at gofairfaxcity.com

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SOURCE Fairfax City Economic Development

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Avalon Park Group Commits to Open 250-Acre Regional Park in East Orange County in 2027

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ORLANDO, Fla., Aug. 4, 2026 /PRNewswire/ — Ask almost anyone why they chose to call East Orange County home, and the answers are usually the same: the schools, the community and the people. East Orange County is a place where people feel a deep sense of belonging and safety.

Over the past 25 years, East Orange County has become one of Central Florida’s great success stories. Families have planted roots, businesses have invested, and together, we have built a community where people are proud to call home.

But great communities are never finished. They continue investing in what comes next.

Now, we believe it is time for the next chapter.

Avalon Park Group is committing to creating an approximately 250-acre regional park and athletic complex that will serve East Orange County for generations to come. The goal is to make several athletic fields available to the community as early as next year by working with state, regional and local entities to ensure timely completion.

“This community has always accomplished its biggest goals by working together,” said Beat Kahli, Founder and Chief Executive Officer of Avalon Park Group. “The partnerships that helped create outstanding schools and thriving communities can also create a regional park that serves families for generations.”

One of the best examples of this type of arrangement is the schools in Avalon Park. Through partnerships among Orange County Public Schools, local government, Avalon Park Group, educators, and families, every one of Avalon Park’s schools has earned an A rating, with two recognized as National Blue Ribbon Schools.

Traditionally, parks and athletic complexes are built with public financing, as in Seminole County, City of Apopka, Orange County and elsewhere. As local governments struggle with increased costs and accusations of wasteful spending, this plan is not dependent on any financial commitment from Orange County.

“This park will not ask for Tourist Development Tax dollars, and it will not ask Orange County taxpayers to fund it,” said Kahli. “Those funds have their own purposes and their own pressures. What East Orange County needs is a model that delivers without competing for money that is already spoken for.”

Instead, this park’s success is based on the 30-year track record of Avalon Park Group’s multifaceted portfolio of companies that call Orange County home and through the more than $20 million in property taxes its community, Avalon Park Orlando, pays every year.

“For 20 years, a regional park has been promised and planned, but never delivered,” said Kahli. “It is time for a different model, and Avalon Park Group is ready to lead the effort to bring this vision to reality.”

That long-term vision reaches far beyond athletic fields. While soccer, football, volleyball, cricket, baseball and more will be available, Avalon Park Group believes that walking trails, playgrounds, wellness amenities, and community gathering spaces are all part of the conversation.

That said, the regional park will also work to become a national destination, looking to grow our region’s successful economic development efforts through amateur sports.

However, the final plan will be shaped by the people who will use it. Residents, athletic organizations, schools, homeowner associations, businesses, and civic leaders will be invited to help define the park through surveys and community meetings.

The need is clear.

East Orange County continues to welcome thousands of new residents each year, yet recreational infrastructure has not kept pace.

Every weekend, local families travel across Central Florida so their children can play soccer, football or baseball, compete in volleyball tournaments, run track, play cricket, and participate in other activities because quality regional facilities are not available close to home.

“Our families spend countless hours traveling because quality athletic facilities have not kept pace with the incredible growth of East Orange County,” said Dave Weiser, Executive Director of the East Orlando Knights Soccer Club. “A regional park is about much more than sports. It gives children more opportunities close to home while creating a destination the entire community can enjoy.”

That need extends well beyond youth athletics.

“I have watched Avalon Park grow from open land into a thriving community filled with families, schools, businesses, and civic organizations,” said Brenda Kolbrich, longtime Avalon Park community advocate. “The next step is ensuring that our public spaces and recreational opportunities grow with us. A regional park would give residents of every age a place to connect, stay active, and continue building the community spirit that makes East Orange County special.”

“Community parks are about so much more than playgrounds and walking trails. They become the heart of a neighborhood, providing a place where families gather, children play, neighbors connect, and community traditions are built. For far too long, East Orange County has been underserved when it comes to accessible public parks, despite the tremendous growth our area has experienced,” said Stephanie Chandrasekaran, Realtor and President of the Stoneybrook Homeowners Association. “Investing in parks is an investment in the health, quality of life, and long-term strength of a community. Every resident deserves access to welcoming public spaces that encourage recreation, foster relationships, and create a stronger sense of belonging for generations to come.”

“Our residents have been clear that they want more opportunities to gather, exercise, play sports, and enjoy the outdoors without having to leave East Orange County,” said Angie Smith Gerard, Board Member of the Avalon Park Property Owners Association. “A park of this scale would serve our children today while creating an important community asset for generations to come.”

Like every major public investment in Avalon Park’s history, this project will depend on strong partnerships. While tax dollars are not needed to bring this to life, success will require collaboration among the State of Florida, Orange County and neighboring jurisdictions, community organizations, residents, athletic associations, and the private sector.

“As a mom, I have seen firsthand how important parks, trails, and athletic fields are for children and families. But too many parents spend hours driving across the region because recreational spaces have not kept pace with our county’s growth. East Orange County deserves the kind of parks and recreational opportunities that reflect the incredible community it has become,” said Stephanie Murphy, candidate for Orange County Mayor. “As mayor, I will support partnerships that expand access to quality recreational opportunities, while ensuring every investment is made transparently and in the best interest of Orange County residents.”

“Our community has demonstrated time and again what is possible when people come together around a shared vision,” said State Representative Johanna Lopez, candidate for Orange County Commission District 4. “This initiative is another opportunity for local government, residents, and private partners to build something that will benefit East Orange County families for generations. If elected, our county government will stop promising a park and work to make it a reality. I support moving this effort forward and ensuring that the community has a strong voice throughout the process.”

Work is already underway to identify the specific site and build the partnerships necessary to move the project forward.

Finalizing the location will require cooperation across jurisdictions and a shared commitment from local leadership. The goal is to find a convenient location near restaurants and other amenities, but one that is separated from surrounding neighborhoods by substantial landscaped buffers and berms, limiting its visibility and potential noise issues from residential areas.

Regional parks create places where children discover new passions, neighbors become friends, grandparents walk with grandchildren, and tournaments introduce visitors to local businesses. They strengthen communities in ways that extend far beyond recreation. The leaders featured here represent only a handful of those who have already expressed support. More than a dozen local athletic organizations, homeowner associations, community leaders, and residents have shared the same sentiment: East Orange County is ready for a regional park.

Avalon Park Group is committed to leading the effort.

The community is ready to help shape it. Now it is time to bring together the public and private partners needed to turn the vision into reality. Because the next great chapter of East Orange County will not be built by one organization. It will be built together.

About Avalon Park Group

Avalon Park Group is a uniquely diversified family of companies engaged in businesses ranging from master-planned community development to technology and health care services, co-working, food hall management, mining, and property management, in Florida, Texas, and Switzerland. With more than $1 billion in total assets, Avalon Park Group combines its exceptional reputation, sound business experience, and significant financial resources to invest in extraordinary opportunities. At Avalon Park Group, our mission is to change the way the world lives, learns, works, and plays by creating healthy sustainable communities and every aspect thereof. For more information on Avalon Park Group, visit www.AvalonParkGroup.com or call 407-658-6565.

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SOURCE Avalon Park Group

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ISC2 Announces Results of 2026 Board of Directors Election

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Five cybersecurity leaders elected to help strengthen long-term value for ISC2’s global membership

ALEXANDRIA, Va., Aug. 4, 2026 /PRNewswire/ — ISC2, the world’s leading nonprofit member organization for cybersecurity professionals, today announced the results of its 2026 Board of Directors election. The newly elected directors will begin their three year terms of volunteer service on January 1, 2027.

The following ISC2 members were elected to serve on the ISC2 Board of Directors from 2027 through 2029:

Mark Barwinski, CISSP – SwitzerlandEdward Farrell, CISSP, SSCP – AustraliaRachel Guinto, CISSP – CanadaAnand Singh, CISSP – United StatesChristine Williams, CISSP, CC – Australia

“As the cybersecurity profession continues to evolve with AI and other emerging technologies, effective governance and strategic leadership are essential to ensuring ISC2 remains responsive to the needs of our members and the profession,” said ISC2 Board Chair Samara Moore, CISSP. “Our newly elected directors bring the experience and strategic perspective to help guide ISC2, advance our mission, and position the organization for the future.”

Elected by ISC2 members, the Board of Directors is comprised of ISC2 certified cybersecurity professionals and leaders from around the world with expertise in cybersecurity, risk management and governance across academia, government and the private sector. The all volunteer Board provides governance and oversight for ISC2, establishes certification requirements, grants certifications to qualified candidates and upholds the ISC2 Code of Ethics.

Learn more at www.isc2.org/about/governance.

About ISC2

ISC2 is the world’s leading member organization for cybersecurity professionals, driven by our vision of a safe and secure cyber world. Our more than 265,000 certified members, and associates, are a force for good, safeguarding the way we live. Our award-winning certifications – including cybersecurity’s premier certification, the CISSP® – enable professionals to demonstrate their knowledge, skills and abilities at every stage of their careers. ISC2 strengthens the influence, diversity and vitality of the cybersecurity profession through advocacy, expertise and workforce empowerment that accelerates cyber safety and security in an interconnected world. Our charitable foundation, the Center for Cyber Safety and Education, helps create more access to cyber careers and educates those most vulnerable. Learn more, get involved or become an ISC2 Candidate to build your cyber career at ISC2.org. Connect with us on XFacebook and LinkedIn.

© 2026 ISC2 Inc., ISC2, CISSP, SSCP, CCSP, CGRC, CSSLP, HCISPP, ISSAP, ISSEP, ISSMP, CC, and CBK are registered marks of ISC2, Inc.

Media Contact:
Amanda Steinman
Senior Corporate Communications Manager
ISC2
asteinman@isc2.org 

View original content:https://www.prnewswire.com/news-releases/isc2-announces-results-of-2026-board-of-directors-election-302842798.html

SOURCE ISC2

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