The Solana blockchain is gaining attention for its innovative approach to onchain credit ratings. In June 2025, Moody’s partnered with Alphaledger to pilot a program integrating traditional credit ratings into blockchain systems. This initiative allows users to access Moody’s ratings directly through Solana tokens, eliminating the need for external verification. The pilot demonstrated how credit ratings could be embedded in smart contracts, automating the assessment of financial products. Credit ratings, which evaluate a borrower’s likelihood of repaying debt, are crucial for investors assessing risk. Moody’s experiment showcased a machine-readable rating stored immutably on the blockchain, enabling decentralized applications to query ratings seamlessly. Although no real transactions occurred, the implications are significant, potentially allowing real-time credit assessments and new programmable financial infrastructures. As tokenized assets grow, having established agencies like Moody’s assign ratings could enhance transparency and trust. This pilot illustrates how traditional credit agencies are evolving to meet the needs of blockchain finance, bridging the gap between conventional finance and crypto markets. Read more AI-generated news on: https://app.chaingpt.org/news