ssa

S&P Global and Chainlink Collaboration: Bringing Stablecoin Risk Ratings to the DeFi System

S&P Global Ratings has partnered with Chainlink to publish independent assessments of the stability of stablecoins (SSA) directly on-chain. This collaboration utilizes the enterprise-grade DataLink oracle infrastructure of #Chainlink to provide S&P's risk data to decentralized finance (DeFi) applications and organizational systems.

Evaluation Mechanism and Impact on DeFi

The assessments #SSA rank the ability of stablecoins to maintain parity with fiat currency on a scale from 1 (very strong) to 5 (weak). Although these are not official credit ratings, the assessments analyze core factors such as collateral quality, liquidity management, and governance controls.
By embedding these evaluations into smart contracts through Chainlink's decentralized network, DeFi protocols and investors can access real-time insights into stability. This enables automated risk management and better lending decisions.
Chuck Mounts, Director of DeFi at S&P Global, stated that this move reflects their goal to "meet customers where they are present" as the adoption of digital assets by institutions accelerates. This integration is referred to by Chainlink as a "significant step," helping traditional market standards guide on-chain decentralized finance. #anh_ba_cong

US Senators Sound Alarm Over ‘Dangerous’ Cuts to SSA’s Tech Team! ⚠️💻

Top Senate Democrats are demanding answers after learning the Social Security Administration (SSA) plans to slash 50% of its core tech department — the Office of the Chief Investment Officer (OCIO).

Senators Elizabeth Warren, Kirsten Gillibrand, and Ron Wyden sent a strong letter on April 13, warning the move could block millions of Americans from accessing their Social Security and SSI benefits.

They’re calling the cuts “intentional – and dangerous”.
Here’s what’s going on:

🔐 OCIO protects your data, processes benefits & keeps the SSA site running.
❌ On March 31, users saw payment errors, blank histories & were locked out.
⚠️ The site has crashed multiple times – and staff can’t even help in person properly.

But here’s the twist: the senators are blaming the Department of Government Efficiency (D.O.G.E) and Trump for targeting unionized tech workers.

They say this is the last line of defense — workers who understand the SSA’s outdated code.
And it gets worse:

📉 SSA staffing is already at a 50-year low
🧑‍💼 The agency could cut 87% of regional staff
📵 They’ll only update the public via X (formerly Twitter) — no more press releases

Democrats are now launching a “war room” to fight back.
Meanwhile, the White House says it’s all being misinterpreted and that workers are being reassigned, not fired.

But the question remains:
Is Social Security under threat in the digital age?

Let us know what you think in the comments.
Is this reform or recklessness?

#SocialSecurity #SSA #CryptoNews #USPolitics #TechCuts