KIS Asset Pricing and Coinone launch stablecoin index

KIS Asset Pricing, an affiliate of international credit rating agency Moody's, has partnered with South Korean crypto exchange Coinone to develop the "KIS-Coinone Stablecoin Index," Yonhap News reported. The index serves as a benchmark to measure the price stability and market trends of major U.S. dollar-pegged stablecoins. Coinone provided exchange data and advisory services for the project, while KIS Asset Pricing designed the methodology and established the calculation and disclosure framework.