S&P World Scores has downgraded Tether’s USDT, citing considerations over its publicity to risky belongings like Bitcoin. The company warned {that a} drop in Bitcoin’s worth might undermine the collateral backing USDT and have an effect on its stability. S&P Downgrades Tether Over Reserve Considerations The rankings agency in the reduction of its rating for Tether from “constrained” to “weak.”
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