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Moody's and Chainlink pilot cross-chain credit ratings delivery on testnet using CCIP.

10 Nov 2026, 16:07 WIB
Crypto Briefing
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Bullish
Moody's and Chainlink pilot cross-chain credit ratings delivery on testnet using CCIP.

Moody's and Chainlink completed a pilot test demonstrating the delivery of credit ratings data simultaneously to both permissioned (private) and permissionless (public) blockchains using Chainlink's Cross-Chain Interoperability Protocol (CCIP). This proof of concept shows potential for institutional finance and DeFi to access consistent credit ratings across multiple blockchain networks, which could enable smart contracts to automatically adjust based on credit quality. The test used sample data on a testnet, with no live ratings published yet, and raises future questions about licensing and data responsibility. The next steps to watch include whether Moody's will launch live ratings on mainnet and which networks will adopt this service, alongside similar moves by other rating agencies like S&P Global.

Chainlink (LINK) trades at Rp188.793 on Pluang as of Nov 10, 2026 21:22 WIB, down 1.60% in the past day. This price places LINK within its current market activity where 53% of Pluang users are selling and 47% buying, with a typical hold time of 64 days. The pilot test by Moody's using Chainlink's technology highlights LINK's role in bridging traditional credit ratings with blockchain, potentially impacting its demand and trading dynamics.

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