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Tether's Bitcoin Bets Trigger S&P Global Downgrade

S&P Global has officially downgraded Tether – the USDT issuer – from a rating of 4 (“constrained”) to 5 (“weak”), the lowest score possible on its stablecoin stability scale.

The firm, one of the largest financial analytics companies in the world, introduced the Stab

BTC6.05%
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