ChainCatcher news, according to The Block, S&P Global Ratings has released its ninth stablecoin stability assessment report, this time focusing on the stablecoin USDM from Mountain Protocol. The assessment evaluated the stablecoin's ability to maintain its peg, with USDM receiving a rating of 3, achieving an "adequate" rating.It is reported that S&P Global Ratings assessed various aspects of the stablecoin, including credit risk, market risk, custody risk, reserve funds, the robustness of the clearing mechanism, and available over-collateralization. Other factors such as governance, regulatory framework, and third-party dependencies were also considered. The company then scored these criteria, with 1 point representing "very strong" and 5 points representing "weak." Other stablecoins previously assessed include USDC with a rating of 2 (strong), Tether with a rating of 4 (limited), and DAI with a rating of 4 (limited).