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

Tether pushed backmost Wednesday aft S&P Global Ratings downgraded USDT’s stableness appraisal to its lowest tier, arguing the bureau relied connected outdated assumptions and ignored the stablecoin’s decade-long grounds of maintaining its peg. Tether Rebukes S&P After USDT Stability Score Falls to Lowest Tier S&P chopped USDT’s stableness people to 5 — the weakest level […]