Cointelegraph: S&P Global Ratings launches \u0022Vault Risk Assessment\u0022 framework for on-chain lending vaults

S&P Global Ratings' launch of a Vault Risk Assessment framework for onchain digital asset lending vaults (about $10B in deposits) signals growing institutional standardization of DeFi credit and operational risk. In the near term, clearer third-party risk benchmarks may influence counterparty due diligence, collateral policy, and capital allocation toward audited vault structures, potentially supporting broader participation while also highlighting weaker risk controls across protocols.