S&P Downgrades Tether’s USDT Stability to ‘Weak’ Due to Bitcoin Backing Concerns

November 26, 2025

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S&P Global Ratings has downgraded Tether’s USDT, warning that the industry-leading stablecoin could suffer if Bitcoin’s price crashes. Tether disagrees.

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S&P Downgrades Tether’s USDT Stability to ‘Weak’ Due to Bitcoin Backing Concerns

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