S&P Global Ratings launches risk assessment framework for on chain lending vaults, with deposit size reaching $10 billion

S&P Global Ratings has launched a risk assessment framework for on chain lending vaults, with a deposit size of $10 billion, up from $1.5 billion two years ago. This framework evaluates credit, liquidity, vault managers, blockchain, protocol, security, and governance risks, and the first batch of vault assessments will be conducted in the future.