Based on BitcoinWorld, S&P Global Ratings has downgraded Tether’s USDT stability rating to 'vulnerable,' citing insufficient reserves, transparency issues, and increased exposure to high-risk assets. The agency noted that Tether’s portfolio now holds 24% in high-risk assets, up from 17% the previous year, and highlighted unresolved concerns about reserve composition and custodial practices. S&P stated that Tether could improve its rating by reducing risky assets and providing verifiable reserve details.
S&P Downgrades USDT Stability Rating to 'Vulnerable'
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