Moody’s Corp. is working on a scoring system for stablecoins, the crypto sector’s most traded tokens, as the asset class grows and faces increased scrutiny from regulators and investors. The system will include an analysis of up to 20 stablecoins based on the quality of attestations on the reserves backing them, according to a person familiar with the plans who asked not to be named discussing private information. Stablecoins are digital tokens designed to maintain a one-to-one value with a less volatile asset, typically the US dollar. To achieve that, their issuers generally hold at least an equivalent amount of ... (full story)