SPGI · News · 20260806N

Ratings performance

S&P Global Inc. · 2026-08-06 · Importance 17 · Surprise 24

S&P Global Ratings reported that six of the 11 stablecoins covered by its Stablecoin Stability Assessments had an adequate or better ability to maintain their fiat-currency pegs. Two assessments were revised to weaker levels over the past three quarters, while the other nine remained unchanged. The assessments extend S&P Global’s credit-risk analysis into the stablecoin market.

Key facts

• S&P Global Ratings upgraded Trekor Metals Ltd. to 'B' from 'B-' and revised the outlook to positive, expecting copper production to significantly increase in 2026 and 2027. source
• S&P Global Ratings upgraded Kinross Gold Corporation's long-term issuer and unsecured debt ratings to 'BBB' from 'BBB-'. source
• Kinross reported a net cash position of $1.9 billion and total liquidity of approximately $4.4 billion as of June 30, 2026, and has returned $1.4 billion in capital to shareholders since January 2025. source
• S&P Global Ratings assigned STAG Industrial a new investment grade rating of 'BBB' with a stable outlook. source