Tether CEO Reacts as American Credit Rating Agency Calls Tether a High-Risk Stablecoin

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The Crypto Basic 2 hours ago 148

Tether CEO Reacts as American Credit Rating Agency Calls Tether a High-Risk Stablecoin

S&P Global Ratings, the American credit rating agency, has assigned Tether its lowest possible rating, drawing a strong rebuttal from the company behind the world’s most widely used dollar-pegged token. S&P Issues ‘Weak’ Assessment for USDT On Wednesday, S&P Global Ratings assigned Tether its lowest stablecoin risk rating: “5 (weak)”.

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