What It Means for Crypto

Moody’s on the blockchain: A pilot test of credit ratings on Solana

Often touted as a next-gen alternative to Ethereum or Bitcoin, the Solana blockchain is now making headlines for a very different reason: onchain credit ratings.

In June 2025, Moody’s teamed up with a fintech startup called Alphaledger to run a pilot program to explore how traditional credit ratings could be integrated into blockchain systems. Here’s what they did:

• They created a tokenized municipal bond: Alphaledger simulated a…