Tether (USDT) de-peg risk – Is your portfolio safe if the unthinkable happens?
Leading credit rating agency S&P Global Ratings has reassessed the stability of the Tether [USDT] stablecoin. In its new assessment, it downgraded the stablecoin’s ability to maintain its peg to the U.S. Dollar from 4 (constrained) to 5 (weak) late in November. “The negative revision reflects an increase in higher-risk assets backing USDT’s reserve since...
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