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Elena Zenth

S&P Global Assigns Weakest Stability Rating of '5' to Tether's USDT

S&P Global has downgraded Tether's USDT stablecoin to a stability rating of '5,' the lowest on its assessment scale. The ratings agency cited elevated exposure to risky assets and inadequate reserve buffers as primary concerns. Tether's risky asset ratio has reached 24%, with Bitcoin exposure at 5.6% exceeding S&P's recommended buffer threshold of 3.9%.