Stablecoin Giant Tether Disputes S&P Rating Method After USDT Score Drop

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Bitcoin com 1 hour ago 109

Stablecoin Giant Tether Disputes S&P Rating Method After <a href='https://market.bitrss.com/coin/mantle-bridged-usdt-mantle' rel='noopener' target='_blank' class='crypto-highlight' title='USDT Market Overview'>USDT ($1.00)</a> Score DropTether pushed back Wednesday after S&P Global Ratings downgraded USDT’s stability assessment to its lowest tier, arguing the agency relied on outdated assumptions and ignored the stablecoin’s decade-long record of maintaining its peg. Tether Rebukes S&P After USDT Stability Score Falls to Lowest Tier S&P cut USDT’s stability score to 5 — the weakest level […]

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